Dynegy Gets No Competing Offers

Dynegy has said that it has not received any competing takeover bids.

Dynegy has said that it has not received any competing takeover bids, Bloomberg reports. The U.S. energy producer’s board agreed in December to accept Carl Icahn’s $665 million offer. The Texas-based company’s advisers Goldman Sachs and Greenhill & Company contacted over 50 parties to interest them in a possible deal. The deal with Icahn has already been approved by all regulators except the Federal Energy Regulatory Commission.

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