Houston-based merchant generator, Dynegy Inc. (DYN) is moving towards being acquired by an affiliate of The Blackstone Group L.P. (BX). Post-acquisition, Blackstone will sell a portion of Dynegy’s generation assets to NRG Energy Inc. (NRG), which is proactively looking at increasing its presence in California. Blackstone plans to close the transaction by the end of [...] (DYN) Dynegy Countdown Towards Aquisition by The Blackstone Group