Dynegy Shares Sink on Chapter 11 Warning
March 09, 2011 at 11:27 AM EST
Dynegy (DYN) plunged more than 5 percent in premarket trading Wednesday after the co., whose shareholders rejected a $665 million buyout deal floated by billionaire investor Carl Icahn, warned it could seek bankruptcy protection if it were unable to amend or replace its existing loan facility.
