June 3 (Reuters) - Power producer Talen Energy Corp TLN.N
said private equity firm Riverstone Holdings LLC will buy the
remaining stake it does not already own in the company for about
$1.8 billion.
Riverstone will offer $14 per share in cash for the 65
percent stake it does not own, representing a 17.3 percent
premium to Talen's Thursday close.
The deal has an enterprise value of $5.2 billion.