Sparkspread.com is out with a report that a private equity outfit is weighing a competing offer for Dynegy DYN.
At least one private equity outfit is understood to be weighing a competing offer to acquire Dynegy, following The Blackstone Group's BX $543 million proposal earlier this month.
Shares of are gaining 7 cents to trade at $4.86. Blackstone had offered $4.50 in cash, suggesting that these rumors are true.
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