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Private Equity

Riverstone Looks To Acquire Talen Energy

by mcall.com posted 1year ago 1401 views
<span style="line-height: 20.8px;">Within months of its June 2015 spinoff from PPL, Talen had lost 70 percent of its value and posted a 2015 loss of more than $340 million, but if its acquisition by New York-based Riverstone Holdings goes through, Farr stands to take more than $3.6 million with him on his way out of his CEO office on Hamilton Street in Allentown.</span>