Reuters: Clinton Group to call on Atlantic Power to explore sale again

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

Atlantic Power (NYSE:AT) +5.7% AH after surging into the close of regular trading for a 22.4% gain after Reuters reported activist investor Clinton Group is preparing to call on the utility to restart a sale process it abandoned last month.

Clinton Group is confident that bids for AT came in at least at $4/share, and says it is open to working with the company in a constructive manner and believes many other shareholders are of like mind.

Subscribe for full text news in your inbox