Wednesday, August 25, 2010

Market Buzz: Dynegy Inc. Continues Surge On Speculation Of A Higher Bid


Shares of Dynegy Inc. (DYN:US) rallied in after-hours trading on tuesday after Sparkspread.com reported that a private-equity giant is considering making a competing bid. Recently, private-equity frim The Blackstone Group agreed to buy Dynegy for $4.7 billion including debt.

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