Thieler Law Corp Announces Investigation of proposed Sale of Calpine Corporation (NYSE: CPN) to an investor consortium led by Energy Capital Partners

Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Calpine Corporation (NYSE: CPN) acted responsibly on behalf of investors’ profitability in the planned sale to an investor consortium led by Energy Capital Partners.

On August 18, 2017, Calpine Corporation (NYSE: CPN) announced that they had entered into a merger agreement. Under the terms of the merger agreement, Calpine shareholders will receive $15.25 per share in cash for all outstanding shares.    

Based in Houston, Texas, and founded in 1984 Calpine Corporation a wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America.

The investigation focuses on whether NYSE: CPN investors received the highest price and whether the directors of Calpine Corporation acted in the best interest of Calpine Corporation company and its shareholders.   

If you purchased Calpine Corporation (NYSE: CPN) prior to August 18, 2017, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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