Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Dynegy Inc. Stock Just Jumped 17%

TheMotleyFool

0 0

Shares of independent power producer Dynegy Inc. (NYSE: DYN) jumped more than 17% in late Wednesday trading after reports surfaced that the company is in "advanced talks" to merge with peer power producer Vistra Energy Corp. (NYSE: VST).

Bright lights, big merger prospects at Dynegy. Image source: Getty Images.

As The Wall Street Journal reported yesterday evening, the two Texas-based power companies have been discussing a potential merger since "at least the spring." (Indeed, we've been hearing such rumors ourselves). Any such merger, if one happens, would almost certainly put Vistra in the driver's seat.

Source: Fool.com