Mirant is a coal-heavy power company that is in the process of buying out RRI Energy (RRI) to form a new company called GenOn Energy. After the merger is completed, the MIR will go from generating 80% of its power using coal to (~80% of total fuel… More
This Company sold off its assets in Latin America developing a cash position well over 4 billion dollars. Management advised that they would return these funds to shareholders but as it turned out, their method was a Share Repurchase Plan.During this… More
Fools bearish on MIR.DL
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