UPDATE: SunPower Jumps 40% on Friendly Takeover (SPWRA, SPWRB)

SunPower Corporation

resumed trading at 4:45pm after announcing a friendly tender offer with Total Group. The stock jumped over 43% on the news and, at last check, was trading over 40% higher than today's close. Click to see the headline here:

for up 60% of SunPower's Class A and B Shares for 23.25 per Share.