Baltimore-based energy company Constellation Energy is in advanced discussions to purchase Calpine, as reported by Bloomberg.

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Shares of power producers were flat amid deal activity.

UBS keeps a Buy rating and $289 price target on Constellation Energy (CEG) after the stock’s 5% decline today on Bloomberg report that the ...

Constellation Energy is nearing an acquisition of Calpine Corp., which would value the company around $30 billion including debt, Bloomberg News reported, citing people familiar with the matter.

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Constellation is in talks to buy Calpine in a transaction that would value the power company at close to $30 billion, ...