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HomeOil and GasConstellation Energy to Buy Calpine in $16.4 Billion Power Industry Mega-Merger

Constellation Energy to Buy Calpine in $16.4 Billion Power Industry Mega-Merger

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.S. power industry.
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