Cases
Talen Energy Corporation (NYSE: TLN)
Merger
Overview
Overview
- Date:
- 6/6/2016
- Company Name:
- Talen Energy Corporation
- Stock Symbol:
- TLN
- Company Name - Buyer:
- Riverstone Holdings
- Status:
- Closed/Complete
NEW YORK, June 6, 2016 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Talen Energy Corporation (NASDAQ: TLN) investors concerning the proposed acquisition of the company by Riverstone Holdings LLC.
The investigation concerns whether Talen’s board of directors failed to adequately shop the Company and obtain the best possible value for Talen Energy shareholders before entering into an agreement with Riverstone Holdings LLC. Under the terms of the proposed transaction, Talen shareholders will be entitled to receive $14.00 in cash for each share of Talen common stock held in a transaction valued at approximately $5.2 billion.
If you purchased Talen Energy securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The investigation concerns whether Talen’s board of directors failed to adequately shop the Company and obtain the best possible value for Talen Energy shareholders before entering into an agreement with Riverstone Holdings LLC. Under the terms of the proposed transaction, Talen shareholders will be entitled to receive $14.00 in cash for each share of Talen common stock held in a transaction valued at approximately $5.2 billion.
If you purchased Talen Energy securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.