Dynegy-Icahn Deal Fails, Management to Leave

Dynegy Inc.’s (DYN) chief executive and chief financial officers submitted their resignations Monday after shareholders of the Houston-based power-generation company on Friday rejected a $665 million buyout offer from billionaire Carl Icahn’s investment vehicle. In addition, five of six directors said Monday they will step down at the company’s annual meeting in June. – The WSJ

Jasper - The Real Deal!

Risk Our Money Not Yours | Get 50% Off Any Account!

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.