Content area
Full Text
Vistra Energy Corp. and Dynegy Inc. on April 4 received regulatory approval from the Federal Energy Regulatory Commission, the final one needed, for their previously announced merger valued at $10.57 billion.
The deal calls for Dynegy to merge with and into Vistra, with Vistra being the surviving entity and assuming approximately $8.07 billion net debt of Dynegy.
Under the proposed merger, each outstanding common share of Dynegy will be automatically converted into the right to...