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.
Houston's largest private company sold to Constellation Energy in $26.6B deal
Houston's largest private company will be acquired by a publicly traded utilities company based in Baltimore in a deal worth $26.6 billion.
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 in $26.6 Billion Deal
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,
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 ...
US targets Venezuela oil company chief, others with sanctions
The United States issued new Venezuela-related sanctions on Friday, including measures targeting state oil company PDVSA ...
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
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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 ...
I quit a FAANG company for a software engineering role at Oracle. Here's how the interview processes, onboarding, and work cultures compare.
After nearly two years at a FAANG company, a software engineer improved his work-life balance and cultural fit by taking a ...
Former CEO of Moviepass’ parent company pleads guilty to securities fraud, conspiracy
The former head of movie ticket-subscription service Moviepass' parent company has pleaded guilty to charges of securities ...
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 ...
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.
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School software company PowerSchool suffers hack
PowerSchool, a popular cloud based software for schools and parents, was hacked on Dec. 28, according to an announcement by ...
Blackstone to Make $300 Million Investment in AI Data Company
DDN attracts a $300 million infusion from the private-equity firm.
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 ...