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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

Reliant Energy cuts forecast seeks 'strategic alternatives' (from Corporate Dealmaker)

On Monday, Houston's Reliant Energy Inc. announced it would seek strategic alternatives to enhance stockholder value, which could mean a sale of all or parts of the business. One week ago, Reliant lowered its 2008 outlook to reflect the financial impact of Hurricane Ike and lower commodity prices in...

Posted on October 6, 2008 11:07 AM