Proxy advisory firm Institutional Shareholder Services recommends that shareholders approve...

|By:, SA News Editor

Proxy advisory firm Institutional Shareholder Services recommends that shareholders approve Dynegy's (DYN +1.1%) sale to Blackstone Group (BX -0.9%), saying the alternative may be worse. If energy prices don’t come through, ISS says, the “downside risks... [make] this proposed sale a realistic alternative for shareholders.”