Dynegy Inc fka DYN

[Enterprising Investor]

DYN closer to filing for Chapter 11 (6/18/12)

Supplemental Motion to Approve /Supplement to Motion of Dynegy Holdings, LLC for an Order (I) Approving the Disclosure Statement; (II) Approving Solicitation and Voting Procedures; (III) Scheduling the Plan Confirmation Process; and (IV) Granting Related Relief, Including with Respect to Dynegy Inc.

As contemplated by the Plan, DH will merge with and into Dynegy on or prior to the effective date of the Plan (the “Merger”), with Dynegy as the surviving entity (the “Surviving Entity”). As such, the Plan provides for the treatment of Claims against and Equity Interests in the Surviving Entity. To effectuate the Merger, it is anticipated that Dynegy will file a petition with this Court for chapter 11 relief. However, Dynegy has not yet made any determination, and has not been authorized by its board of directors, to file for chapter 11 protection.

Source: Epiq Systems [Docket 801]