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Re: Enterprising Investor post# 318

Sunday, 06/10/2012 6:09:54 PM

Sunday, June 10, 2012 6:09:54 PM

Post# of 424
The Plan provides that on or prior to the Effective Date, DH will be merged with and into
Dynegy, with Dynegy being the Surviving Entity (the “Merger”). The Surviving Entity will then emerge on the Effective Date as Reorganized Dynegy. As such, the Plan provides for the treatment of Claims against and Equity Interests in the Surviving Entity pursuant to the Merger, as compared to DH and Dynegy separately.

In other words, when they say equity interests are cancelled, that means for both Dynegy Inc and Dynegy Holdings.

That's fyi for whoever is paying 60 cents for the opportunity to be cancelled.

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