Dynegy +24% on takeover report

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

Takeout speculation (reported last night) isn't a surprise and makes strategic sense, says SunTrust's Ali Agha. He calculates $14 per share as NAV for Dynegy (NYSE:DYN).

A deal, he says, would allow Vistra (NYSE:VST) to diversify out of Texas as Dynegy has relatively small exposure there.

Source: Arie Shapira at Bloomberg

DYN +24% premarket to $9.