TerraForm Global, a subsidiary of SunEdison, filed a Form 8-K yesterday(3/28/2016) which contained the following statement:
"In addition, due to SunEdison’s liquidity difficulties, there is a substantial risk that SunEdison will soon seek bankruptcy protection."
SunEdison is currently trading at $0.80 per share. Its share value is expected to be no more than $0.23 by the end of the year according to some analysts.
Will the city share with its citizens the actions it has taken to protect itself from a SunEdison bankruptcy?
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