Cleco (CNL) Decline Called 'Overreaction' as Environment Ripe for M&A
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Cleco Corp. (CNL) Slips Lower; Suitor Having Tough Time Securing Financing
September 25, 2014 11:17 AM EDTCleco Corp. (NYSE: CNL) is lower Thursday following reports that a move to be acquired is hitting a rough patch.
Bloomberg said that Macquarie Group is having a hard time garnering financing to acquire Cleco. The firm had been looking... More
