NEW YORK -- Dynegy Inc. said Tuesday it has received no other bona fide offers to purchase the power company after the expiration of its open strategic alternative process on Jan. 24. Goldman Sachs and Greenhill & Co. conducted the process at the direction of a special committee of Dynegy's board of directors. Dynegy contacted 50 parties to determine if they would be interested in exploring a transaction with Dynegy. On Dec. 15, Icahn Enterprises LP bid $5.50 a share for the company in a merger offer valued at about $665 million. The tender offer from Icahn is scheduled to expire on Tuesday. Dynegy's board reiterated its recommendation to shareholders to approve the deal.
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