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SolarCity recuses two more board members from voting on Tesla offer

June 28, 2016

Via: CNBC

Two additional SolarCity board members with ties to Elon Musk are recusing themselves from making decisions regarding Tesla’s offer to buy the solar power company, in a bid to alleviate corporate governance concerns surrounding a potential deal.

The new recusals mean the majority of SolarCity’s board will be sitting out the decision on whether to be acquired by Tesla.

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