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The return of the puppet masters

The raiders are back, but some say they’re now ready to make nice.

By Danielle Beurteaux Like every good drama, the battle over the future of Houston power producer Dynegy came packed with cliff-hangers and eleventh-hour plot twists. In one corner: private equity titan Blackstone Group, with an offer of $4.50 a share plus a linked deal to sell several Dynegy energy plants

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