Finkelstein Thompson LLP Announces Investigation of Dynegy Inc.
WASHINGTON--([ BUSINESS WIRE ])--Finkelstein Thompson LLP is investigating potential claims on behalf of shareholders of Dynegy Inc. (aDynegya or the aCompanya) (NYSE: DYN) concerning the proposed sale of the Company to the Blackstone Group for $4.50 in cash for each share of common stock in a transaction valued at approximately $4.7 billion.
The investigation is focused on the potential unfairness of the consideration given to Dynegya™s shareholders, and the process by which the Dynegy Board of Directors shopped the Company and considered the transaction, and potential conflicts of interests on the part of Board members. According to Yahoo! Finance, at least one analyst has set a target price of $7.50 for Dynegy stock, and the Company traded at $5.35 on May 28, 2010 and closed at $13.15 on October 15, 2009.
If you are interested in discussing your rights as a Dynegy shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at [ contact@finkelsteinthompson.com ].
Finkelstein Thompson LLP has spent over three decades delivering outstanding representation to institutional and individual clients in financial litigation, and has been appointed as lead or co-lead counsel in dozens of shareholder class actions. Indeed, the firm has served in leadership roles in cases that have recovered over $1 billion for investors and consumers.
To learn more about Finkelstein Thompson LLP, please visit our web site at [ www.finkelsteinthompson.com ]. Attorney advertising. Prior results do not guarantee similar outcomes.