Constellation will buy Calpine with 50 million of its shares and $4.5 billion in cash. It will also assume about $12.7 billion in Calpine debt. The total value of the deal will be about $26.6 billion.

Or at least acquire them in a landmark $26.6 billion deal. That rationale was why Calpine, Houston’s largest private company, was a such an attractive buy, Joseph Dominguez, CEO of Baltimore ...

Constellation Energy (NASDAQ:CEG) +5.2% pre-market Friday after saying it agreed to acquire Calpine in a cash and stock deal valued at $26.6B, composed of 50M Constellation shares and $4.5B in ...

It will also assume roughly $12.7 billion of Calpine's net debt. "This acquisition will help us better serve our customers across America, from families to businesses and utilities," said ...

Esty, Benjamin C., and Michael Kane. "Calpine Corporation: The Evolution From Project to Corporate Finance TN." Harvard Business School Teaching Note 201-121, May 2001. (Revised January 2003.) ...

More Bonds of Calpine Corp. Moody’s Daily Credit Risk Score About the Calpine Corp.-Bond (US131347CR51) The Calpine Corp.-Bond has a maturity date of 3/1/2031 and offers a coupon of 3.7500%.