Vivint Acquisition May Fail, Buyer Re-Evaluating [Deal Done]
Published Feb 22, 2023 17:55 PM
The ~$190 million judgment against Vivint in the CPI case may not be the worst part of the loss. Now, NRG, who agreed to buy Vivint, just months ago, is re-evaluating the deal.
In this note, we look at the deepening challenges for Vivint, the problems for NRG in doing this deal, the issues in breaking the deal, and the future for Vivint.
UPDATE: On March 10th, NRG completed the deal for Vivint.