I'm not sure there is a rumor about Blackstone buying CNP in its entirety other than I've mentioned it. As I have stated, I think the probability is at least 50/50 or BX or someone buys the US holdings and recapitalizes the rest. I think the implications are strong upward share price short term as this is likely to materialize within the next 30-90days but will likely be just as attractive long term. Everything adds up.. but I'm just a simple guy in the mountains of North GA/USA.
CNP Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held