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Actionable news in WR: WESTAR ENERGY Inc,

Westar Energy (WR) Stock Advanced Today on Takeover Interest

NEW YORK (TheStreet) -- Westar Energy (WR - Get Report) stock closed higher by 1.77% to $50.61 in Friday's trading session, after the company received takeover interest from rival utility company Ameren (AEE) and an investor consortium including Borealis Infrastructure Management and the Canada Pension Plan Investment Board, sources told Bloomberg.

Westar is working with Guggenheim Partners to gauge interest, Bloomberg adds.

Initial bids for the company, which has a market value of roughly $7 billion, are due next...


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