Blackstone Reconfirms Its Affiliate's $4.50 Per Share Cash Offer for Dynegy

by Benzinga Staff

November 15, 2010 8:08 AM | 16 seconds read | Make a Comment

Blackstone Capital Partners V L.P. today re-confirmed its affiliate's $4.50 per share cash offer under the previously announced merger agreement with Dynegy Inc.

DYN

. This price represents a 62% premium to Dynegy's closing share price on August 12th, the day prior to the announcement of the transaction.

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