LawHoo97

Constellation Energy Sticks With Buffett's Lower Offer

let's see, you only get the $$ if the deal closes, which requires PSC approval... approving a sale to a partnership that includes KKR (viewed as corporate pirates in MD) and a French firm (can't control nukes) is far more risky than approval to a suitor viewed as a white knight who has promised not to sell it off, but to operate the company in toto. Warren may offer a bit more, but the KKR/EDF offer wasn't even close.... even at $8.50 more a share.