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Market Impact: 0.35
Shoals Technologies Group, Inc. to Merge with ARRAY Technologies in Stock-for-Stock Transaction with 1.6931 Exchange Ratio
Source: Nasdaq
M&A & RestructuringRenewable Energy Transition
Shoals Technologies Group and ARRAY Technologies entered into a definitive stock-for-stock merger agreement. ARRAY will be the legal acquirer, and Shoals shareholders will receive a fixed exchange consideration; the provided text cuts off before specifying its terms.
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