Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy — the electricity provider whose stock has doubled over the last year on hopes it’ll help meet the voracious energy demand from artificial intelligence — reached a $16 billion deal to buy Calpine.
Constellation Buying Calpine in $26.6 Billion Deal That Would Join Two Huge US Power Companies
Constellation is buying power natural gas and geothermal power provider Calpine in a cash-and-stock deal valued at approximately $16.4 billion, joining together two of the country’s biggest power comp
Constellation Energy to buy Calpine in blockbuster $16.4 billion US power deal
U.S. nuclear power provider Constellation Energy on Friday agreed to buy privately-held natural gas and geothermal company Calpine Corp for $16.4 billion, marking one of the biggest acquisitions in the history of the U.
Constellation announces $26.6 billion deal to buy Calpine, Houston's largest private company
Calpine, the largest private company in Houston, announced a deal to be acquired by Baltimore-based Constellation for approximately $16.4 billion Friday morning. Constellation would buy Calpine with 50 million of its shares and $4.
Constellation Energy Agrees to Buy Calpine for $16.4 Billion
Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies. Including the assumption of debt,
Constellation Energy to buy Calpine in $27bn deal
US power generation group Constellation Energy is to buy rival Calpine in a deal that values the target at just under $27bn, the companies announced on Friday. In a joint statement, the companies said that the deal “creates the nation’s largest clean energy provider”.
Nvidia will still be a great growth company, just more 'reasonable' going forward: Albion Financial Group's Jason Ware
Albion Financial Group's Jason Ware shares his view on AI stocks and highlights that hyperscalers are the winners given the ...
JCPenney merges with Forever 21's parent company Sparc Group to create new entity
Sparc Group, the parent company of Forever 21 and Aéropostale, announced it merged with JCPenney to create a new company ...
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies ...
Company made up of baseball families ensures players on the move get their cars to new homes
Staffed fully by significant others of ballplayers, Getaway Day Agency brings personal experience to the stressful business ...
Major insurance company canceled policies in Pacific Palisades months ago: Report
FOX Business' Cheryl Casone joined 'Fox & Friends First' to discuss the insurance crisis in California as wildfires devastate ...
Miami Herald on MSN22h
Kaseya’s CEO is stepping down for new role. What’s next for the Miami software company?
Fred Voccola, CEO since 2015, will resign and move over to vice chairman of the company’s board, effective immediately, ...
This company wants to redesign the humble car sun visor
And while nearly every commercial vehicle has featured sun visors for decades, little in their overall design has changed.
Getty Images buying Shutterstock to create a $3.7 billion visual content company
Visual content companies Shutterstock and Getty Images will join to become a $3.7 billion visual content company.
Company to submit hydraulic fracking plans
Europa Oil & Gas has told residents in Burniston near Scarborough it will make the application to North Yorkshire Council for ...
Blackstone to Make $300 Million Investment in AI Data Company
DDN attracts a $300 million infusion from the private-equity firm.
McDonald's is the latest company to roll back diversity goals
Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, ...
Activist Barington urges manufacturer TriMas to consider sale of company
Activist investor Barington Capital Group wants TriMas to launch a strategic review of options, including the possible sale ...