Reliant Completes Sale Of Texas Retail Business To NRG

Reliant Energy Inc. (NYSE: RRI) completed the sale of its Texas retail business to NRG Energy (NYSE: NRG) and announced the retirement of board chairman Joel Staff on June 18. Shares of Reliant dropped 58 cents to $4.38 while NRG stock edged up 44 cents to $18.42.

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