Icahn Enterprises to Buy Dynegy for $665 Million

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Dec. 15 (Bloomberg) -- Dynegy Inc., the third-largest U.S. independent power producer, says its board has unanimously approved a $665 million offer to be acquired by Icahn Enterprises LP after the company’s shareholders rejected a lower bid from Blackstone Group LP. Bloomberg's Jon Erlichman and Scarlet Fu report on the transaction in today's Movers & Shakers. (Source: Bloomberg)

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