Blackstone Senior Floating Rate Term Fund shares rise 1.02% intraday after NRG Energy, Inc. completed the acquisition of Vivint Smart Home, Inc.

Blackstone Senior Floating Rate Term Fund rose 1.02% in intraday trading. The company's stock price increase may be attributed to the acquisition of Vivint Smart Home, Inc. by NRG Energy, Inc. for $2.8 billion, which could indicate a positive outlook for the energy sector.