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Mergers, Acquisitions & Finance

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NRG Slashes Dividend By 80%

NRG Energy announced today that it would lower its annual dividend by nearly 80%, cutting the annual dividend to $0.12/share, from the current $0.58/share

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Sprague Resources Acquires Retail Customer Book

Santa Buckley Energy, Inc. (SBE) recently entered into an asset purchase agreement with Sprague Operating Resources LLC whereby Sprague purchased certain assets of SBE including retail energy customer contracts and relationships, including SBE's retail natural gas customer book.

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CenterPoint Energy Unit To Acquire Retail Energy Business

CenterPoint Energy Services, Inc., an indirect, wholly-owned subsidiary of CenterPoint Energy, Inc., and Continuum Energy, LLC, along with its wholly-owned subsidiary, Continuum Energy Services, LLC, announced that they have signed an agreement under which CenterPoint Energy Services will acquire…

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Mergers, Acquisitions & Finance News (Page 57) | EnergyChoiceMatters.com