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Dynegy Agrees to Buyout by Icahn Enterprises
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Dynegy Agrees to Buyout by Icahn Enterprises
Dynegy (DYN) said today it has agreed to be acquired by investor Carl Icahns Icahn Enterprises (IEP) for $5.50 per share in cash, or about $665 million.  The offer is 10% higher than Blackstones (BX) bid for Dynegy, and also a 10% premium to the stocks average closing price over the last 30 days.
Video Length: 0
Date Found: December 15, 2010
Date Produced: December 15, 2010
View Count: 6
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