Power Group Online Article |  | |
29 March 2007 -- Dynegy Inc. said its shareholders have approved the proposed merger of Dynegy and LS Power Group.
Approximately 78% of Class A shares outstanding were voted in favor of the proposed combination. In addition, Chevron Corporation, who owns all of the approximately 97 million shares of Class B common stock outstanding, voted all of its shares in favor of the deal. With approval the transaction is now expected to be completed on April 2.
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