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According to WSJ, Dynegy (DYN) approached by Vistra Energy (VST)

  • May 19, 2017

Vistra Energy Corp. (VST) has made a takeover approach to debt-laden rival Dynegy Inc., (DYN) according to people familiar with the matter, a tie-up that would create one of the country’s largest independent power producers.

Update(s):

October 25, 2017: Vistra Energy Corp.  (VST) and Dynegy Inc., (DYN) two big independent power producers, are in advanced talks to combine.

October 30, 2017: Vistra Energy (VST), the parent company for TXU Energy and Luminant, and Dynegy Inc. (DYN) today announced that their Boards of Directors have approved, and the companies have executed, a definitive merger agreement pursuant to which Dynegy will merge with and into Vistra Energy in a tax-free, all-stock transaction, creating the leading integrated power company across the key competitive power markets in the United States.