Shares of Dynegy (DYN -21.1%) sink after the firm announces that it reached a settlement with...

|About: Dynegy Inc. (DYN)|By:, SA News Editor

Shares of Dynegy (DYN -21.1%) sink after the firm announces that it reached a settlement with creditors over $2.5B in claims against one its subsidiaries. Under the terms of the deal, unsecured creditors will receive common equity repping a 99% stake in a reorganized company.