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NRG Energy (NRG +1.1%) opens higher after closing its purchase of rival GenOn Energy (GEN) in an...

NRG Energy (NRG +1.1%) opens higher after closing its purchase of rival GenOn Energy (GEN) in an all-stock deal valued at ~$1.7B, creating the largest competitive-rate power company in the U.S. The companies have said they expect their combination to bring $300M/year in savings.
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