Power plant operator Dynegy has agreed to be acquired by Icahn Enterprises for $5.50 per share in cash, or about $665 million. Dynegy has about $3.95 billion of outstanding debt, net of cash. The agreement follows a recent failed bid from private equity giant The Blackstone Group.
Continue reading Icahn Enterprises to Buy Dynegy for $665 million
Icahn Enterprises to Buy Dynegy for $665 million originally appeared on DailyFinance on Wed, 15 Dec 2010 08:39:00.
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