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Mirant drops NRG Energy suit

Mirant, the US energy company, has dropped its lawsuit against rival NRG Energy that caused Goldman Sachs to step down as its adviser in the $14.9bn (€11.8bn) hostile bid.

Last month Goldman stepped down from advising Mirant after NRG Energy accused the bank of passing confidential information to its suitor after it had advised NRG Energy in a separate matter.

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