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MEMC Electronic Materials (WFR) Buys Stake In Eversol

MEMC Electronic Materials just announced that they have acquired anownership stake in Taiwanese solar wafer manufacturer Eversol. To startwith, MEMC Electronic Materials amended a contract with Gintech toallow it to purchase Gintech’s 8.36% interest in Eversol at the priceGintech originally paid for it. Then, MEMC spent 5 million more on anadditional 5.1 million shares, meaning [...]