Atlantic Power +9.5% on report of exploring possible sale

|About: Atlantic Power Corporation (AT)|By:, SA News Editor

Atlantic Power (AT) spiked to a 9.5% gain this afternoon after SparkSpread reported the power producer has hired advisers to explore a potential merger or sale.

Atlantic Power reportedly tapped Goldman Sachs and Greenhill to help it consider whether a sale or merger makes sense and can be negotiated.