Cases
Dynegy Inc. (NYSE: DYN)
Merger
Overview
Overview
- Date:
- 10/31/2017
- Company Name:
- Dynegy, Inc.
- Stock Symbol:
- DYN
- Company Name - Buyer:
- Vistra Energy
- Stock Symbol - Buyer:
- VST
- Status:
- Closed/Complete
NEW YORK, October 31, 2017 – Bragar Eagel & Squire, P.C. is investigating potential claims on behalf of Dynegy, Inc. (NYSE: DYN) stockholders concerning the proposed acquisition of the company by Vistra Energy (NYSE: VST).
Our investigation concerns whether Dynegy’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Vistra Energy. Under the terms of the agreement, Dynegy stockholders will receive 0.652 shares of Vistra Energy common stock for each share of Dynegy common stock they own. Oaktree Capital Management and Terawatt Holdings LP, who hold approximately 20% of Dynegy’s outstanding shares combined, have entered into support agreements and have agreed to vote their shares in favor of the merger.
If you own Dynegy shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
Our investigation concerns whether Dynegy’s board of directors failed to adequately shop the company and obtain the best possible value for its stockholders before entering into a definitive merger agreement with Vistra Energy. Under the terms of the agreement, Dynegy stockholders will receive 0.652 shares of Vistra Energy common stock for each share of Dynegy common stock they own. Oaktree Capital Management and Terawatt Holdings LP, who hold approximately 20% of Dynegy’s outstanding shares combined, have entered into support agreements and have agreed to vote their shares in favor of the merger.
If you own Dynegy shares, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Melissa Fortunato by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.