Vistra to buy Cogentrix Energy in $4 billion deal
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Vistra has announced its agreement to acquire Cogentrix Energy for approximately $4 billion, which includes $2.3 billion in cash, $900 million in stock, and the assumption of $1.5 billion in debt. This acquisition will enhance Vistra's capacity by adding 5,500 megawatts across key North American power regions, leading to a 4.7% rise in its shares during extended trading.
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