Tuesday, November 15, 2011

First Solar (FSLR) takeover prospects more likely given sell-off, says Maxim


Uploaded by on Nov 15, 2011
Maxim believes a potential acquisition of First Solar (FSLR) is more likely following the stock's 72% year-to-date drop. Maxim speculates a First Solar takeover by General Electric (GE) at a 25%-40% premium could be accretive GE shares and thinks First Solar is likely a more willing seller given the company's turbulent year. Maxim keeps a Hold rating on First Solar shares.
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