7 result(s) displayed (1 - 7 of 7):

NRG: Exelon's board proposal would accelerate $8B in debt (from Corporate Dealmaker)

Exelon Corp. (NYSE:EXC), trying to win control of NRG Energy Inc. (NYSE:NRG), wants to add members to the target's board. But the takeover target says an expanded board "could trigger an acceleration of NRG's approximately $8 billion of outstanding corporate-level debt." NRG said refinancing such a substantial amount of debt...

Posted on March 27, 2009 9:00 AM

NRG Energy, URS sell German JV for $519M (from Corporate Dealmaker)

NRG Energy Inc. (NYSE: NRG) and URS Corp. (NYSE:URS) are selling their 50-50 owned German mining and power joint venture, Mibrag BV, to another JV for €404 million ($519 million).The buyer, Czech power group CEZ, is a JV between power company CEZ Group and investment firm J&T Group. While...

Posted on February 25, 2009 2:52 PM

PSEG's new planning and strategy EVP comes from Exelon (from Corporate Dealmaker)

Newark, N.J., utility Public Service Enterprise Group said Wednesday it named Randall Mehrberg to the newly created post of executive vice president of planning and strategy starting Sept. 8. Mehrberg is the former top legal eagle at  Exelon Corp., where he was part of the team that oversaw Exelon's...

Posted on July 3, 2008 9:45 AM

Picking up the pieces (from Corporate Dealmaker)

Public Service Enterprise Group's new strategy chief knows the company well, which will surely come in handy as he helps plot a course following its failed megamerger with Exelon Corp. Stephen Byrd, a former investment banker in the power group at Morgan Stanley, has worked with PSEG since the...

Posted on April 15, 2007 2:09 AM

Transactions on tap (from Corporate Dealmaker)

Nick DeBenedictis has gotten water utility acquisitions down to a science. Now he just needs to keep the PE crowd from muddying things up.

Posted on October 15, 2006 6:36 PM

High voltage, high stakes (from Corporate Dealmaker)

You've seen it before in banking and telecom. Regulatory change sets the stage for the reordering of an entire industry, seemingly presenting corporate leaders with a stark choice: Buy or be bought. Now the scenario looks to be playing out once again in the utility business. In the last...

Posted on October 15, 2005 3:08 PM

Connections: 2003 (from Corporate Dealmaker)

Masco taps Sznewajs For a few months there, it looked like Masco Corp. might be satisfied with all the aisle space it had claimed at your local Home Depot. From 1998 through 2002, the $9.42 billion company - maker of Delta faucets and Merillat cabinets, among other top-selling home...

Posted on December 15, 2003 2:34 PM