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Dynegy dance

11 October 2010 By Christopher Swann

Some are squawking at Blackstone s $4.7 bln bid. True, the buyout firm has engineered a nifty deal for itself. But not selling would be risky. Stilltumbling gas prices won t help the company s debt woes. And no other suitors turned up. Dynegy without Blackstone is a big gamble.

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