NEW YORK, August 13, 2010 (BusinessWire) -- Tripp Levy PLLC announces
an investigation into the proposed acquisition of Dynergy Inc. (NYSE:
DYN). On August 13, 2010, it was announced that Dynergy has entered
into an agreement pursuant to which it will be acquired by an
affiliate of The Blackstone Group L.P. (NYSE:BX) in a transaction
valued at approximately $4.7 billion, including the assumption of
existing debt.  Under the terms of the merger agreement, Dynegy
stockholders will receive $4.50 in cash for each outstanding share of
Dynegy common stock they own.
The investigation concerns, among other things, whether the
consideration to be paid to Dynergy shareholders is grossly unfair,
inadequate, and substantially below the fair or inherent value of
Dynergy. Indeed, analysts have projected that the true inherent value
of Dynergy is at least $7 per share. The investigation further
concerns whether the directors of Dynergy may have breached their
fiduciary duties by not acting in Dynergy shareholders' best interests
in connection with the sale process of Dynergy.
If you own Dynergy common stock and you wish to discuss this matter
with us, or have any questions concerning your rights and interests
with regard to this matter, please contact
Tripp Levy
Tripp Levy PLLC
125 East 82nd Street
9th Floor
New York, New York
Toll Free: 877-772-3975
Email: cont...@tripplevy.com
Tripp Levy PLLC is a national law firm that specializes in mergers &
acquisitions, takeover litigation, shareholder rights, and corporate
governance matters in state and federal courts throughout the United
States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
 Contact:
Tripp Levy PLLC
Tripp Levy, 877-772-3975
cont...@tripplevy.com