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@Zalotie 2 months ago

Constellation Energy making progress on Calpine acquisition with DOJ

Constellation Energy making progress on Calpine acquisition with DOJ

Constellation Energy is reportedly in talks with the DOJ to resolve antitrust concerns regarding its potential $16B acquisition of Calpine. Bloomberg sources say a meeting with regulators was canceled after Constellation offered better terms to get the deal approved. This sign-off is the last major hurdle. The stock rose 2% on Thursday. The report notes that the Trump administration is generally favorable toward large mergers, which could help this cross the finish line.
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@ReaderMed143 2 months ago

Big deal vibes here 👀 let’s see if they actually make it across the finish line