Charles Fishman News
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NiSource Inc. rose after the company said it plans to form a venture to drill for oil or natural gas in the Utica shale basin.
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Atlanta has always prided itself on its forward-looking perspective. As one business leader put it in the late 1980s, “Atlanta is a city of the future, not the past.” Today, however, Atlanta’s past is ensnaring it in a nasty conflict over water -- a kind of fight that’s likely to be more common in the future.
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Dynegy Inc. , the third-largest U.S. independent power producer, may need to sell itself piece by piece after Blackstone Group LP ’s $604.5 million offer to buy the whole company was rejected, analysts said.
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Dynegy Inc. , the third-largest U.S. independent power producer, agreed to be acquired for $665 million by Icahn Enterprises LP after shareholders rejected a lower bid from Blackstone Group LP .
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Dynegy Inc ., the U.S. power producer with a shareholder vote scheduled Nov. 17 on a $540 million takeover by Blackstone Group LP , rose after a Pritchard Capital Partners analyst said the private equity firm may increase its $4.50-a-share offer to win approval.
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Dynegy Inc. shareholders will vote today whether to accept Blackstone Group LP ’s sweetened $604.5 million takeover bid. The outcome is too close to call and rejection would force the power producer to renegotiate debt and search for another buyer, analysts said.
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Dynegy Inc. shareholders will vote tomorrow on whether to accept a $4.50-a-share buyout offer from Blackstone Group LP or bet that the Houston-based power producer can rebound after its sixth quarterly loss in two years.
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Dynegy Inc. , the third-largest U.S. independent power producer, agreed with Blackstone Group LP to scrap a $604.5 million takeover because of shareholder opposition. Dynegy will seek new bids and may sell assets, cut costs and restructure debt to continue as a standalone company.
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A U.S. loan-guarantee program is testing how much risk the Obama administration is willing to take to revive the nuclear-power industry.
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Dynegy Inc. postponed for six days a vote on Blackstone Group LP’s $604.5 million takeover bid that’s opposed by the U.S. power producer’s largest shareholders.
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