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Dynegy and its
* November 28 Dynegy retracts its acquisition offer.
Dynegy exited the energy trading business in 2002 and the natural gas supply business in 2005, focusing its efforts on electrical generation.
In June 1998, NGC Corporation changed its name to Dynegy, Inc.
" Nova announced two months later that it was seeking to sell its stake in Dynegy.
In mid-June, Dynegy reported that its first quarter income had fallen 80 percent.
The following day, Dynegy shut down its online energy trading system.
Still needing cash, Dynegy sold its Hornsea natural gas storage site in the United Kingdom to help pay the fine.
Dynegy shuttered its online energy trading business for good on October 16, 2002.
The closure led Dynegy to lay off 14 percent of its workforce, which left it with just 4, 600 employees.
On October 23, 2002, Dynegy hired Bruce Williamson, a former Duke Energy executive, as its chief executive officer.
Six weeks later, Dynegy hired Nick J. Caruso, a former chief financial officer at Royal Dutch Shell, as its new chief financial officer.
" Dynegy sold its telecommunications business in Europe in January 2003, restated its income for 2001 and 2002, sold a natural gas terminal in Louisiana, sold its telecommunications business in North America in April 2003, engaged in a US $ 1. 6 billion refinancing and other restructuring of its debt, sold its Illinois Power Company subsidiary to Ameren, and nullified a number of contracts in non-core or money-losing areas.
In mid-2005, Dynegy hired Credit Suisse First Boston to assist it in finding a buyer for its natural gas transmission businesses.
Under the terms of the agreemnent, Dynegy gave LS Power a 40 percent stake in Dynegy itself while LS Power contributed 10 of its power plants.
In May 2007, ChevronTexaco announced it was selling its 12 percent stake in Dynegy to the public.
LS Power also agreed to return all its Class B shares, so that Dynegy would only have 95 million shares of common stock outstanding.
After a year of negotiations and legal maneuvering, Dynegy agreed to issue statements to its current and future investors warning that government regulation of carbon emissions and lawsuits over pollution could pose financial risks to the company.
Dynegy executives said the offer was a good one, as the deal would give Dynegy access to lines of credit which would enable it to refinance and restructure its debt.

Dynegy and merger
In a merger completed February 1, 2000, Illinova Corp. ( formerly ) became a wholly owned subsidiary of Dynegy Inc., in which Chevron also took a 28 % stake.
NNGC was Enron's most lucrative pipeline asset and had been put up as collateral in return for Dynegy providing financing to Enron during merger talks.
The bankrutpcy plan filed by Dynegy Inc. also called for a merger with Dynegy Holdings.

Dynegy and offer
Dynegy investor Carl Icahn also promised a proxy battle, arguing that Blackstone Group's offer was too low.
Worried that it did not have enough shareholder support to accept the Blackstone Group offer, Dynegy proposed postponing its shareholder meeting a few days to November 23.

Dynegy and on
The natural gas plant, located at the intersection of State Route 1 and Dolan Road, produces 2, 538 megawatts, is wholly owned by Dynegy, and is visible from Santa Cruz, California to the north and Monterey, California to the south on clear days.
Its Dynegy Holdings subsidiary went bankrupt in November 2011, and Dynegy Inc. itself filed for bankruptcy protection on July 6, 2012.
Enron sued Dynegy on December 2, the day after Enron declared bankruptcy.
Desperate for cash, Dynegy sold the Northern Natural Gas Company to MidAmerican Energy Holdings for $ 928 million on July 29 ($ 572 less than it paid for it ).
But on March 9, 2012, the November 2011 bankruptcy of Dynegy Holdings ran into difficulty.
This threw the Dynegy Holdings bankrutpcy filing into doubt, and put Dynegy Inc. on the hook for billions in debt.
The bankruptcy court trustee said she would sue on behalf of Dynegy Holdings to recover these debts.
Accordingly, Dynegy Inc. filed for Chapter 11 bankruptcy protection on July 5, 2012.
) Dynegy continued to hold leases on several floors of the Wells Fargo Plaza, however.
Dynegy said it hoped to hold a vote on August 24, at which time its creditors would approve the bankruptcy plan.
Williamson resigned as CEO of Dynegy on February 10, 2011, after two takeovers over the company ( both of which he supported ) failed.

Dynegy and November
* November 9 Dynegy announces it will acquire Enron for $ 9 billion.
On November 19, Dynegy was forced to recess its shareholder meeting in an attempt to garner more support for the Blackstone bid.
On November 23, 2010, Dynegy management and Blackstone agreed to call off the takeover after it became clear there was not enough support for the US $ 5. 00 a share bid.
On November 7, 2011 Dynegy Holdings, the largest of Dynegy Inc .' s four subsidiaries, filed for Chapter 11 bankruptcy protection.

Dynegy and 28
On May 28, Dynegy founder, president, and chief executive officer Charles Watson resigned.

Dynegy and .
: Lay meets with Dynegy chairman Charles Watson.
After the bankruptcy of Enron, Northern Natural Gas briefly became part of Dynegy Corp of Houston whose Chairman Daniel Dienstbier had been president of NNG before Ken Lay seized control of Internorth.
Dynegy then sold NNG to Warren Buffett's Berkshire Hathaway who moved it back to Omaha.
In 1996 NGC Corp. ( now Dynegy ) leased in the First Interstate Plaza.
The corporate headquarters of Dynegy are located in Suite 5800.
On August 13, 2010 Blackstone announced it would buy Dynegy, an energy firm, for nearly $ 5 billion.
Dynegy Inc. is an electric utility company based in Houston, Texas, in the United States.
The company adopted the name Dynegy in 1998.
Dynegy nearly went bankrupt in 2002, and several executives were eventually convicted of financial fraud and mismanagement.
The company has one major subsidiary, Dynegy Holdings.
Dynegy Inc. was the object of two takeover efforts in 2010.
As part of the bankruptcy filing, Dynegy Inc. has proposed merging with Dynegy Holdings into a new entity which will retain the Dynegy, Inc. name.

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