million of synergies from GenOn. Management also has saved significant value. In 2006, NRG rejected Mirant 's 20% premium all-stock offer. Mirant shareholders subsequently lost 85% of their value until NRG effectively acquired it through GenOn
The power market roller coaster continues to carry Mirant .
versus $0.71 per share in the prior-year period. A $0.02 per share gain from an insurance collection related to the Mirant bankruptcy bumped earnings to exactly flat on a GAAP basis. Southern's best-in-class investment program continued to
who will remain CEO and chairman, and GenOn Energy CEO Ed Muller have a history dating back to 2006 when Muller's then- Mirant made a hostile bid worth $8 billion and a 33% premium to NRG's stock price at that time for Crane's NRG that ultimately
chairman Edward Muller into the CEO role in 2013. Jacobs, who was president and CEO of RRI Energy prior to the merger with Mirant that created GenOn, has extensive experience within the power industry. Prior to his role at RRI, he was a managing director
the reverse merger, results for 2010 included 11 months of Mirant 's results as a stand-alone company and one month of the ..... our estimate. Based on the information provided, the legacy Mirant and RRI assets generated higher-than-forecast EBITDA, which
We are placing GenOn Energy GEN under review as we review the valuation impacts from the closing of the merger between Mirant and RRI Energy on Dec. 3, 2010.
generators, including Public Service Enterprise Group PEG, Mirant MIR, and RRI Energy RRI. The bill would allow as much as 1 ..... generators if it passes and Gov. Chris Christie signs it into law. Mirant has no plants in New Jersey. RRI owns four plants representing
with NRG ) remaining pure - play publicly traded IPPs , including Mirant MIR , RRI Energy RRI , and Calpine . However the deal values still ..... value estimates , and we are maintaining our fair value estimates for Mirant and RRI Energy .
Mirant 's MIR second-quarter adjusted earnings ..... through the rest of the third quarter. Mirant finished the quarter with $1.85 billion ..... program in Maryland is complete in 2011. Mirant 's proposed merger with RRI Energy RRI