BRIEF-Tesla Forms Special Committee To Evaluate Potential Going Private Transaction


Aug 14 (Reuters) - Tesla Inc:

* TESLA ANNOUNCES FORMATION OF SPECIAL COMMITTEE TO EVALUATE POTENTIAL GOING PRIVATE TRANSACTION

* TESLA INC - SPECIAL COMMITTEE IS COMPOSED OF BRAD BUSS, ROBYN DENHOLM AND LINDA JOHNSON RICE

* TESLA INC - SPECIAL COMMITTEE HAS NOT YET RECEIVED A FORMAL PROPOSAL FROM MUSK REGARDING ANY GOING PRIVATE TRANSACTION

* TESLA INC - SPECIAL COMMITTEE HAS RETAINED LATHAM & WATKINS LLP AS ITS LEGAL COUNSEL

* TESLA INC - SPECIAL COMMITTEE INTENDS TO RETAIN AN INDEPENDENT FINANCIAL ADVISOR TO ASSIST IN ITS REVIEW OF A FORMAL PROPOSAL ONCE RECEIVED

* TESLA INC - SEPARATELY RETAINED WILSON SONSINI GOODRICH & ROSATI AS ITS LEGAL COUNSEL REGARDING POTENTIAL GOING PRIVATE TRANSACTION

* TESLA INC - SPECIAL COMMITTEE HAS NOT YET REACHED ANY CONCLUSION AS TO ADVISABILITY/FEASIBILITY OF A GOING PRIVATE DEAL Source text for Eikon: Further company coverage:

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

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