Wednesday, December 1, 2010

Risk Arbitrage: Update on Dynegy -- GuruFocus.com

Dynegy (NYSE: DYN)-The observation seems to be that Seneca director nominees are not going to be up to par for Dyn shareholders, Blackstone has a huge black-eye and lost major credibility on the Dyn transaction, and to state the obvious Dyn management and board are paralyzed. Not a good situation for Dyn shareholders, which are some of the major concerns Mr. Miller advised. Risk Arbitrage: Update on Dynegy -- GuruFocus.com

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