Sullivan & Cromwell Reps Dynegy In $665M Icahn Deal
Icahn already owns 9.9 percent of Dynegy's shares and will pay $5.50 per share for outstanding stock, which Dynegy said represents a 10 percent premium over the company's average closing price for the past 30 days. Dynegy holds $3.95 billion in outstanding debt.
Dynegy's deal with Icahn gives...
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