Investigation for Investors over Takeover of Talen Energy Corp (NYSE:TLN) by Riverstone Holdings LLC

An investigation on behalf of investors in NYSE:TLN shares in connection with the proposed takeover of Talen Energy was announced and NYSE:TLN stockholders should contact the Shareholders Foundation.

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San Diego, CA -- (SBWire) -- 06/06/2016 --The proposed takeover of Talen Energy by Riverstone Holdings LLC is under investigation over potential wrongdoing. The investigation was announced for investors, who currently hold NYSE:TLN shares, concerning whether the buyout of Talen Energy Corp. by Riverstone Holdings LLC for $14.00 per share is unfair to NYSE:TLN stockholders.

Investors who purchased shares of Talen Energy Corp (NYSE:TLN) and currently hold any of those NYSE:TLN shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm concerns whether certain officers and directors of Talen Energy Corp breached their fiduciary duties owed to NYSE:TLN investors in connection with the proposed acquisition.

On June 3, 2016, Talen Talen Energy Corp (NYSE:TLN) announced that it has entered into a merger agreement with affiliates of private investment firm Riverstone Holdings LLC. Under terms of the merger agreement, all outstanding shares of Talen Energy Corp (NYSE:TLN)common stock not currently owned by Riverstone affiliated entities will be acquired for $14.00 per share in cash.

However, given that that at least one analyst has set the high target price for NYSE:TLN shares at $15.00 per share, the investigation concerns whether the offer is unfair to NYSE:TLN stockholders. More specifically, given that Riverstone and its affiliates have already agreed to vote their 35 percent stake in favor of the proposed transaction, the investigation concerns whether the Talen Energy Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

On June 3, 2016, NYSE:TLN shares closed at $13.9 per share.

Those who are current investors in Talen Energy Corp shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

Media Relations Contact

Michael Daniels
General Manager
Shareholders Foundation
858-779-1554
http://www.ShareholdersFoundation.com

View this press release online at: http://rwire.com/695449