NRG Energy (NRG) will merge with GenOn Energy (GEN), creating the largest competitive power...

|About: NRG Energy, Inc. (NRG)|By:, SA News Editor

NRG Energy (NRG) will merge with GenOn Energy (GEN), creating the largest competitive power generation company in the U.S.. GEN shareholders will receive 0.1216 of a share of NRG common stock for each GEN share of common stock, a 20.6% premium to GEN shareholders. NRG shareholders will own 71% of the combined firm, GEN shareholders will own 29%. (PR)