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NRG Energy (NRG) Could Have Dynegy (DYN) In Its Cross-Hairs

September 29, 2009 10:53 AM EDT
NRG Hot Sheet
Overall Analyst Rating:
    BUY (Down Down)

Revenue Growth %: -7.0%
According to FT.com's Mergermarket, NRG Energy (NYSE: NRG) is seeking a large-scale acquisition within the next 12 months and has Dynegy (NYSE: DYN) in its cross-hairs, citing two industry sources.

The company's new acquisition strategy follows an unsuccessful takeover attempt of NRG by Exelon (NYSE: EXC) earlier in the year.

Shares of DYN are up 1.7% today.

Link to FT.com Article

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