TransAlta Corporation(TAC)- NYSE
  • Oct. 21, 2015, 3:55 PM
    • TransAlta (TAC +0.4%) has held talks with more than one potential suitor in the past several months and was near a sale to a group of buyers last week before the deal fell through, Bloomberg reports.
    • TAC, which owns more than 70 power plants in Canada, the U.S. and Australia, has seen its stock plunge 44% since the end of April amid price-fixing charges, rising carbon costs and C$4.2B of debt.
    | Oct. 21, 2015, 3:55 PM | 1 Comment