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Ichan ups Dynegy stake, offers $2 billion credit - MarketWatch

www.marketwatch.com/story/ichan-ups-dynegy-stake... - Details

fxanalyzer: Ichan ups Dynegy stake, offers $2 billion credit: NEW YORK (MarketWatch) -- Billionaire investor Carl Icahn on F... LINK ... NEW YORK (MarketWatch) -- Billionaire investor Carl Icahn on Friday reiterated his opposition to the purchase of Dynegy...

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Ichan ups Dynegy stake, offers $2 billion credit: NEW YORK (MarketWatch) -- Billionaire investor Carl Icahn on F... LINK ... NEW YORK (MarketWatch) -- Billionaire investor Carl Icahn on Friday reiterated his opposition to the purchase of Dynegy by affiliates of The Blackstone Group . In a filing with regulators, Icahn pledged a credit line of up to $2 billion for Dynegy should it run into any financial problems if the merger falls through. Financial terms of the $2 billion credit line were not disclosed in the filing. Icahn also raised his holdings in Dynegy to 15.59 million shares from 12 million shares on Oct. 12, according to filings. The deal faces a shareholder vote on Nov. 17.

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