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Reliant to buy Orion for $2.9B.(Brief Article)

Houston Business Journal

| October 05, 2001 | COPYRIGHT 1985 American City Business Journals, Inc. (Hide copyright information)Copyright

Reliant Resources, Inc. has inked a $2.9 billion cash deal to acquire Orion Power Holdings Inc. in a move to expand its position in the power and energy services industry.

Houston-based Reliant announced on Sept. 27 it would pay $26.80 per share …

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