NRG AND GENON TO MERGE IN $1.7 B
DEAL
Princeton, N.J.-based NRG
Energy and Houston, Texas-based GenOn on Monday signed a definitive
agreement to combine the two companies in a $1.7 billion
stock-for-stock tax-free transaction. The merger will create "the
largest competitive generator" in
the U.S. with a fleet of about 47 GW and assets in the East, Gulf
Coast, and West, and a combined enterprise value of $18 billion, the
companies said. Read More »
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