Constellation Energy shares could remain in focus on Monday after surging more than 25% Friday as the energy giant announced that it will acquire rival Calpine in a deal valued at $26.6 billion.

When a company issues more shares to pay for an acquisition, its stock usually falls. Constellation Energy stock popped instead, which says something about the quality of its deal to buy Calpine.

Constellation Energy agreed to buy Calpine for $16.4 billion, combining two of the country’s largest electricity generators at a time when their product is in high demand from tech companies ...

Calpine, the largest private company in Houston, announced a deal to be acquired by Baltimore-based Constellation for approximately $16.4 billion Friday morning. Constellation would buy Calpine ...

Constellation Energy Corporation will buy Calpine Corporation for $4.5 billion in cash, 50 million Constellation shares, and $12.7 billion in net debt. According to a business statement, the $26.6 ...