After Carl Icahn extended his $5.50/share bid for Dynegy (DYN), Seneca Capital, the energy...

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

After Carl Icahn extended his $5.50/share bid for Dynegy (DYN), Seneca Capital, the energy company’s second largest shareholder, says it will reject a $6/share offer should such a bid materialize. “Seneca Capital has more conviction than ever that it is the wrong price at the wrong time for the wrong reasons,” the firm says. DYN -2.4% premarket.