Talen Energy turns profit in first quarter amid buyout reports

ALLENTOWN–Talen Energy reported a profit in the first quarter, amid media reports that its largest shareholder is leading a bid to acquire the independent power producer and take it private.

Talen reported net income of $ 151 million for the first three months of 2016, up from $ 96 million in the…

This story original published here: Business – The Morning Call