If you were bullish on TerraForm Power Inc. (NASDAQ: TERP) based on the potential upside if the company were to be bought out, you should be very disappointed today. Brookfield Asset Management, which has emerged as the most likely buyer of TerraForm Power and TerraForm Global Inc. (NASDAQ: GLBL), won’t pay a premium for the companies and may not even be willing to pay what the stocks trade for today.
