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Strategies & Market Trends : John Pitera's Market Laboratory

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To: All Mtn Ski who wrote (5006)11/12/2001 3:03:56 PM
From: John Pitera  Read Replies (2) of 33421
 
Hi Tom, DYN is really showing quite a bit of strength today, If these two companies get together they are going
to be a big force in the energy trading.

I see that DYN can walk away from the deal under certain conditions.

.........The problem with regulators could come from antitrust worries about folding Enron, the nation's biggest trader of natural gas and electricity, into Dynegy, also a major energy trader. Enron handles a quarter of all the natural gas and electricity traded in the U.S. The combined company -- which would be called Dynegy Inc. -- would have 22,000 megawatts of generating capacity and 25,000 miles of natural-gas pipelines, making it one of the largest companies in the nation in each of those categories. While Enron and Dynegy officials said that they expect the merger to garner the necessary government approvals, the review by regulators is expected to take months........
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