Exelon raises bid for NRG Energy to $8 billion

Courtesy Newsvine - business  Thu, 07/02/2009 - 05:28

Exelon Corp. said Thursday it raised its hostile takeover bid for rival NRG Energy Inc. to about $8 billion in stock, citing newly identified cost savings and NRG's acquisition of Reliant Energy's Texas retail business .


 

Related items

Exelon raises hostile bid for NRG to $8 billion
Exelon Corp. on Thursday sweetened its hostile takeover bid for NRG Energy Inc. by 12 percent to $8 billion in stock, citing newly identified cost savings along with NRG's recent deal for...

Exelon raises hostile bid for NRG to $8 billion
Exelon Corp. on Thursday sweetened its hostile takeover bid for rival power generator NRG Energy Inc. by 12 percent to $8 billion in stock, citing newly identified cost savings along with...

NRG to develop planned Houston solar farm
The Houston City Council will consider the city's selection of NRG Energy Inc. to develop a solar farm that could produce enough energy to handle 6 percent of the city's annual power...

Samsung SCX-4200 3-in-1 True Multifunction Printer
The SCX-4200 Digital Productivity Center is a low cost black and white laser printer, delivering 3 in 1 true multifunction performance with professional laser output.Keep your valuable real...

Sharp EL243SB Handheld Calculator with Hard Cover
Twin-Powered Basic Hand-Held Calculator with Extra-Large Display and Attached Hard Cover. Main FeaturesManufacturer: Sharp ElectronicsManufacturer Part Number: EL243SBManufacturer Website...


 

Post new comment

The content of this field is kept private and will not be shown publicly.
CAPTCHA
We apologize for the inconvenience. Please help fight spam.
business.marc8.com