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SunEdison Buying Into Rooftop Solar as Demand Growth Slows

  • Vivint installations slide on `distraction' of SunEdison deal
  • Hearing set for Tuesday in suit seeking to block Vivint deal
Updated on

SunEdison Inc. is about to buy into the rooftop solar business just as demand growth is expected to slow.

The company is seeking to close its contentious $1.9 billion acquisition of Vivint Solar Inc. this quarter, and a judge in Delaware is scheduled to hear arguments Tuesday from an investor seeking to block the deal.