Coatue’s Lucrative Solar Deal

How the Tiger Cub made 40-plus percent in 10 days.

(Qilai Shen/Bloomberg)

(Qilai Shen/Bloomberg)

It looks like someone made a great deal on solar panels.

On August 18 an affiliate of Coatue Management announced it had agreed to shell out $250 million for more than 11 million shares of Vivint Solar, the residential solar provider, in a private transaction with Blackstone Group affiliate 313 Acquisition.

Since

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