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Energy Capital Partners and a consortium including Access Industries and Canada Pension Plan Investment Board agreed to buy Calpine Corp. for $5.6 billion in cash, or $15.25 per share. Including debt, the deal is valued at over $17 billion.
“Calpine investors will get $15.25 a share, the Houston-based company said in a statement on Friday, 13 percent more than Thursday’s closing price.”bloomberg.com
Summarized from public sources; check the original articles before acting on it.