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News tagged with “dynegy”. Found: 120 tagged news reports.
 

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Odessa :: TX :: USA | over 3 years ago

Credibility Credibility of 5

Petersburg Times Jim Abrams was the driving force behind several businesses that pride themselves on being timely: One-Hour Heating and Air Conditioning, Mister Sparky electrical services and Benjamin Franklin Plumbing. Yet when he tried to sell

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New York :: NY :: USA | over 3 years ago

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Dynegy's board has accepted a sweetened $603 million takeover bid by Blackstone Group LP but the deal still faces opposition from a prominent shareholder. The private equity group on Tuesday increased its offer for the Houston

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Houston :: AK :: USA | over 3 years ago

Credibility Credibility of 5

The Houston-based electricity producer sent a letter to its stockholders in response to investor Carl Icahn's opposition to the proposed acquisition by the Blackstone Group. Icahn announced last week that he had increased his stake in Dynegy and

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New York City :: NY :: USA | over 3 years ago

Credibility Credibility of 5

Seneca Capital Investment LLC is an obscure player in the hedge-fund ranks. Now it is waging its first proxy fight against a most formidable foe: private-equity firm Blackstone Group LP. With a 10-person investment team in New York, Seneca has been

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Alexandria :: VA :: USA | over 3 years ago

Credibility Credibility of 5

Beginning at the bottom, a third-quarter report of shrinking losses, combined with modestly positive test results on its "lorcaserin" obesity drug, weren't enough to salvage Arena shares from hitting a yearlong low last week...Investors may be

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Singapore :: Singapore | over 3 years ago

Credibility Credibility of 5

Hedge fund Seneca Capital is proposing two board of director nominees as part of its opposition to Dynegy Inc.'s sale to the Blackstone Group for $542 million. Seneca Capital, which owns about 9.3% of Dynegy's voting common stock, is among investors

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Houston :: AK :: USA | over 3 years ago

Credibility Credibility of 5

Share Dynegy said Monday that the Federal Energy Regulatory Commission approved the $543 million acquisition of the Houston-based company by asset manager Blackstone Group. The commission also OK'd NRG Energy's acquisition of three Dynegy power

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San Diego :: CA :: USA | over 3 years ago

Credibility Credibility of 5

Powell (619) 400-4789, (619) 665-2815; Barbara Moreno (619) 686-6216 The Port of San Diego is moving forward with plans to decommission and demolish the South Bay Power Plant in Chula Vista . The California Independent System Operator (Cal-ISO) ,

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San Diego :: CA :: USA | over 3 years ago

Credibility Credibility of 5

The state's grid operator has given the go-ahead for the demolition of the South Bay Power Plant, deciding on Friday that the plant isn't needed to ensure reliable power in the county. The move is a turnaround from a decision just two weeks ago to

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New York City :: NY :: USA | over 3 years ago

Credibility Credibility of 5

Blackstone Group LP's $4.7 billion bid for Dynegy Inc represents a "full and fair" price and a steep premium, a senior executive at the private equity firm said on Wednesday, indicating that there is no higher offer coming for the power producer.

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