Announced
Financials
Tags
Failed
Merger
solar power equipment
Majority
Single Bidder
United States
Renewable Energy Equipment
Public
Acquisition
Friendly
Synopsis
Sunworks, a provider of solar power solutions for agriculture, commercial and industrial, public works and residential markets terminates the $14m merger with The Peck Company Holdings, a commercial solar engineering, procurement and construction company. "Our stockholders were in favor of the merger with Sunworks, so we are committed to finding alternative ways that we can work efficiently together and to leverage the synergies between our two companies in the coming months," Jeffrey Peck, Peck Chairman of the Board and CEO.
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