SolarCity Cuts IPO Price, Increases Share Offering

Dec. 12 (Bloomberg) -- Bloomberg's Josh Lipton reports that SolarCity Corp. cut the proposed pricing of its initial public offering while increasing the number of shares offered to 11.4 million from 10.1 million. The IPO had been scheduled to price yesterday in a range of $13 to $15 apiece. He speaks on Bloomberg Television's "In The Loop."

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