Liam Denning, Columnist

The Price of Privacy for Dynegy

A big debt load and price pressures could force it to sell cheap.

October 21, 2016 at 2:48 PM UTC

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

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Dynegy is no stranger to leveraged buyouts -- attempted ones, anyway.

The merchant power generator spent late 2010 entertaining not one, but two proposed buyouts by Blackstone and Carl Icahn, respectively. Both ultimately fizzled.