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SunEdison unit TerraForm Power adopts poison pill

The headquarters of SunEdison is shown in Belmont, California April 6, 2016.

SunEdison Inc's (SUNEQ.PK) unit TerraForm Power Inc (TERP.O) said it had adopted a shareholders rights plan to prevent any sale of a significant number of Class A shares in the company.

Brookfield Asset Management Inc and hedge fund Appaloosa plan to jointly bid for SunEdison's stake in TerraForm Power, according to a regulatory filing on Friday. (bit.ly/2a5w44D)

TerraForm Power...


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