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Bear Stearns and Calpine Form CalBear Energy LP |
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9:15 AM ET September 08 2005 |
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Bear Stearns ((BSC)) and Calpine ((CPN)) said they have reached a deal to form an energy marketing and trading venture, which will be called CalBear Energy LP and is going to focus on physical natural gas and power trading. Trading operations are scheduled to start in 4Q, according to the companies. |
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