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NRG Energy to Buy GenOn in Stock Purchase Valued at $1.7 Bln

July 22 (Bloomberg) -- NRG Energy Inc. plans to buy GenOn Energy Inc. in a stock transaction valued at $1.7 billion, the companies said.

GenOn holders will receive 0.1216 of a share of NRG stock for each share they hold, the companies said in a statement.

Link to Company News:{GEN US <Equity> CN <GO>} Link to Company News:{NRG US <Equity> CN <GO>}

To contact the editor responsible for this story: Dan Hart at dahart@bloomberg.net

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