PPL Corporation Announces Agreement With Talen Energy To Resolve Litigation Related To Talen Montana; Under The Terms Of The Agreement, PPL Will Pay Talen $115M, Resolving All Claims Between The Parties
PPL Corporation (NYSE:PPL) today announced that it has entered into a settlement agreement with Talen Energy Corporation and certain affiliates ("Talen") to resolve all claims made by Talen arising out of the June 2015