TransAlta Said to Have Talked to Potential Buyers for Months

Updated on
  • Company was close to a sale last week before deal fell through
  • Calgary-based power generator's stock has plunged since April

TransAlta Corp., the embattled Alberta power generator under pressure from regulators and because of its indebtedness, has held talks with more than one potential suitor in the past several months, people familiar with the matter said.

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