Bloomberg News

NRG Energy to Buy GenOn in Stock Purchase Valued at $1.7 Bln

July 22, 2012

NRG Energy Inc. (NRG:US) plans to buy GenOn Energy Inc. (GEN:US) in a stock transaction valued at $1.7 billion, the companies said.

GenOn holders will receive 0.1216 of a share of NRG stock for each share they hold, the companies said in a statement.

To contact the editor responsible for this story: Dan Hart at dahart@bloomberg.net


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Companies Mentioned

  • NRG
    (NRG Energy Inc)
    • $27.02 USD
    • -0.74
    • -2.74%
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