Nothing but negotiation

 
The Gap Partnership

Icahn given approval for Dynegy acquisition

Acquisition gains approval from FERC.

11 February 2011

Unique summary: Sales negotiations between Icahn and Dynegy have been given the green light by the US government.

Sales negotiations between Dynegy and Icahn Enterprises LP (IEP) have been approved by the Federal Energy Regulatory Commission (FERC).

The joint application between an affiliate of IEP and Dynegy tabled the acquisition of the latter by IEP.

Following the FERC approval of the sales negotiations, the tender - offered by the IEP associate on December 22nd last year - can now be closed as all the regulatory conditions have been met.

Previous to the December 22nd tender offer, the IEP affiliate and Dynegy entered into a merger agreement on December 15th.

The associate put forwards plans during the sales negotiations to buy all of Dynegy's common stock in cash at $5.50 (£3.44) per share, with such an offer set to expire on February 14th this year.

Dynegy provides wholesale ancillary, power and capacity services to other energy firms, municipalities and cooperatives across seven US states on the west coast, in the north-east and in the mid-west.

Gap News

March 2014

The Negotiation Roadshow 2014

Generating value through creative negotiation

Read more


July 2013

Trading Global: Negotiating in the Far East

The Gap Partnership are hosting a complimentary Lunch & Learn seminar in association with UK Trade & Investment

Read more


April 2013

GroceryAid Negotiation Event Raises £26,550

The Gap Partnership, in conjunction with Asda, SC Johnson and Waitrose, host one-day negotiation workshop

Read more


February 2013

Trading Global - Negotiating in the Far East

What is the impact of cultural differences on your negotiations?

Read more


December 2012

The Gap Partnership Release New Negotiation Video

The Nothing but Negotiation video series continues with collaborative negotiation

Read more