|
"To
date, no understanding has been reached between Greenlight and
the company with respect to these issues," the U.S. Securities
and Exchange Commission filing said about SunEdison granting
Greenlight Capital a board seat.
Between Jan. 15-25, representatives of Greenlight, including
Einhorn, engaged in discussions with representatives of
SunEdison's board of directors, the filing said.
It said the discussions were held with the chairman and other
representatives of the company and centered on the performance
of the company's senior management team, the composition of the
board and future issuance of the SunEdison’s equity and
equity-linked securities.
SunEdison shares rose on a report earlier on Monday that
Greenlight would get a seat on the company's board.
SunEdison, a solar power company, climbed 2.64 percent to $2.72
at the close in New York. The shares have dropped 86 percent in
the past year, the most on the 104-member WilderHill New Energy
Global Innovation index.
An appointment may come as soon as this week, The Wall Street
Journal reported on Sunday, citing unidentified people familiar
with the matter.
The Maryland Heights, Missouri-based company has space on the
board. On Jan. 19, Steve Tesoriere resigned his seat and the
company has not announced a replacement.
Greenlight declined to comment for this story.
(Reporting By Jennifer Ablan; Editing by Tom Brown)
[© 2016 Thomson Reuters. All rights
reserved.] Copyright 2016 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
 |
|
