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4-Traders Homepage  >  Equities  >  Nyse  >  Dynegy Inc    DYN

DYNEGY INC (DYN)
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Dynegy : Vistra Energy in takeover talks with Dynegy - WSJ

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05/19/2017 | 03:52am CEST

(Reuters) - Power producer Vistra Energy Corp (>> Vistra Energy Corp) has proposed to take over debt-laden rival Dynegy Inc (>> Dynegy Inc), the Wall Street Journal reported on Thursday, citing people familiar with the matter.

(Reuters) - Power producer Vistra Energy Corp (>> Vistra Energy Corp) has proposed to take over debt-laden rival Dynegy Inc (>> Dynegy Inc), the Wall Street Journal reported on Thursday, citing people familiar with the matter.

The Texas-based companies are in initial talks and a deal is still far from guaranteed, the Journal reported. http://on.wsj.com/2pR20AD

Dynegy emerged from Chapter 11 bankruptcy, in October 2012 after it had filed for protection from creditors a year earlier, burdened by costly power plant leases. http://reut.rs/2pR7hrE

Vistra Energy declined to comment on the bid while Dynegy was not immediately available for comment outside regular U.S. business hours.

(Reporting by Bhanu Pratap in Bengaluru; Editing by Gopakumar Warrier)

Stocks treated in this article : Dynegy Inc, Vistra Energy Corp
Stocks mentioned in the article
ChangeLast1st jan.
VISTRA ENERGY CORP -1.79% 21.96 Delayed Quote.21.94%
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Dynegy Inc Technical Analysis Chart | DYN | US26817R1086 | 4-Traders
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DYNEGY INC8.10%0
HUANENG POWER INTERNATIONAL INC2.76%13 408
GLOBAL POWER SYNERGY PCL--.--%3 542
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