12:04 PM EST - Calpine Power Income Fund : Harbinger Capital Partners said on Wednesday it commenced a takeover bid to buy Calpine Power Income Fund in a deal valued at $831 million. Harbinger said it was offering $12.25 cash per Calpine unit, representing a 17 percent premium over Calpine's closing price of $10.45 in Toronto on Tuesday. Calpine Power Income Fund
units T.CF.UN are trading up $2.30 at $12.75.
