NRG Energy (NRG) Could Have Dynegy (DYN) In Its Cross-Hairs
Get Alerts NRG Hot Sheet
Price: $109.51 -0.55%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
EPS Growth %: +6.5%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
EPS Growth %: +6.5%
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According to FT.com's Mergermarket, NRG Energy (NYSE: NRG) is seeking a large-scale acquisition within the next 12 months and has Dynegy (NYSE: DYN) in its cross-hairs, citing two industry sources.
The company's new acquisition strategy follows an unsuccessful takeover attempt of NRG by Exelon (NYSE: EXC) earlier in the year.
Shares of DYN are up 1.7% today.
Link to FT.com Article
The company's new acquisition strategy follows an unsuccessful takeover attempt of NRG by Exelon (NYSE: EXC) earlier in the year.
Shares of DYN are up 1.7% today.
Link to FT.com Article
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