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Solar company Sunrun to buy rival Vivint in $ 3.2 billion deal

Residential Solar Panel Installer Sunrun Inc. RUN, + 6.70% announced a deal Monday night to acquire rival Vivint Solar Inc. VSLR, + 5.56% for about $ 3.2 billion, including debt. In a statement, the companies said Vivint shareholders would get 0.55 Sunrun shares for each share they own, leaving Vivint …

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