SolarCity Accepts Tesla’s $2.6B Offer

 

UPDATE: 5:54 p.m. EDT — Tesla Motors Inc. and SolarCity Corp. confirmed their merger Monday after the latter agreed to the electric car maker’s $2.6 billion offer — about half of the solar panel installer’s value last year. The final offer stood at $25.37 a share, $200 million less than the initial proposal of about $2.8…