SolarCity forms special committee to evaluate Tesla offer

Reuters News
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Posted: Jun 27, 2016 5:06 PM

(Reuters) - Solar panel maker SolarCity Corp said on Monday it has formed a special committee to evaluate Tesla Motors Inc's $2.8 billion offer.

The special committee consists of independent directors Donald Kendall and Nancy Pfund.

(Reporting by Anya George Tharakan in Bengaluru)