Seneca Blasts Icahn's Bid for Power-Plant Operator Dynegy
Posted on December 20, 2010 at 15:40 PM EST
Last week, power-plant operator Dynegy agreed to be acquired by top shareholder Icahn Enterprises for about $665 million. But Dynegy's second-largest shareholder, hedge fund Seneca Capital, rejected the bid, calling it "the wrong price at the wrong time for the wrong reasons." Continue reading Seneca Blasts Icahn's Bid for Power-Plant Operator Dynegy Seneca Blasts Icahn's Bid for Power-Plant Operator Dynegy originally appeared on DailyFinance on Mon, 20 Dec 2010 15:40:00. Filed Under: Energy , Company News , People , Stocks in the News Permalink | Tweet this! | Comments