Dynegy: Does Goodbye Mean Good Buy?

The collapse of the Enron deal may be a good thing for the Houston energy company -- and for investors willing to move fast

Shares of the former energy giant Enron (ENE ) fell to under a dollar on Nov. 28, after would-be buyer Dynegy (DYN ) formally terminated its takeover attempt. "We knew when to say no, and this morning we said no," said Dynegy CEO Chuck Watson during a conference call with analysts on the same day.

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