Carl Icahn signs waiver to buy nearly 20% of Dynegy
| March 10th, 2011 | ||
| Dynegy Inc. (DYN) and Carl Icahn agreed to a waiver that allows Icahn’s hedge fund to buy up to 19.99999% of the company while retaining his voting rights. As part of the deal, Mr. Icahn agreed to provide either debt or equity financing for Dynegy. Without the waiver Icahn would not have been able to vote his shares in favor of any future proposals he puts together for a three year period. | ||
For Detailed Investor Profiles on these Investors, click below: |
Icahn Associates (Carl Icahn) |
Related People: Alexander J. Denner;
Related Entities: High River Limited Partnership;
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles
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1 Comments
by not good on May 15th, 2012
This company has been down for a long time. I hope to see an upside to them in the future. Unsure if this is a good investment at all. NHL Jerseys
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