Talen Energy Corp V.TLN

Primary Symbol: TLN

Talen Energy Corporation is an independent power producer and energy infrastructure company. The Company owns and operates approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. It produces and sells electricity, capacity, and ancillary services into wholesale U.S. power markets, with its generation fleet principally located in the Mid-Atlantic and Montana. Its PJM segment is engaged in electricity generation, marketing activities, commodity risk and fuel management within the PJM RTO or ISO markets and comprises Susquehanna and its natural gas and coal generation facilities. Its Other segment includes the operating and marketing activities of Montana’s proportionate share of the Colstrip Units in the WECC market, the operating activities of Nautilus, and other development activities. It owns 100% of Nautilus Cryptomine (Nautilus), a 200-megawatt bitcoin mining facility in Berwick.

NDAQ:TLN - Post by User

Talen Energy Corp > wow! What a deal!! NOT!

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Comment by dreamer05on Jun 18, 2013 5:45pm

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RE: wow! What a deal!! NOT!

That is also the way I understand it. The cash position of TLN is more than the price they offered to buy.

May be I don't understand what they really meant. ( excluding the cash position of TLN !) I on't mind to pay 10$ to buy a company if they already have 15$ in the drawer. Anyway in couple of days when everything become clearer we would understand the details, from the company or from any poster knowlegible to firgure out the real meaning of this deal. One thing I don't understand why there is a clause in the agreement peventing TLN to seek another better price from any company who might also be interested to buy TLN? Any comments?

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