Last week, power-plant operator Dynegy agreed to be acquired by top shareholder Icahn Enterprises for about $665 million. But Dynegy’s second-largest shareholder, hedge fund Seneca Capital, rejected the bid, calling it “the wro…
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 fail…
Hyundai Group landed a preliminary $4.8 billion deal to purchase South Korea’s Hyundai Engineering and Construction Co., that nation’s largest contractor, but concerns over whether Hyundai Group can pull the financing together …
Hyundai Group landed a preliminary $4.8 billion deal to purchase South Korea’s Hyundai Engineering and Construction Co., that nation’s largest contractor, but concerns over whether Hyundai Group can pull the financing together …