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SolarCity, Tesla ties spurring questions on board's independence

Analysts see potential conflicts of interest in the proposed acquisition

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Published Sun, Jun 26, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    New York

    THERE'S only one member of SolarCity Corp's board without ties to Tesla Motors Inc.

    A few directors are related by blood, others are linked through longstanding personal and professional relationships and some have significant investments in both companies. As the solar company's eight-member board evaluates Tesla's proposed US$2.86 billion acquisition, these connections may create potential conflicts of interest, according to analysts and experts in governance issues.

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