Dynegy Inc. (ticker: DYN, exchange: New York Stock Exchange (.N))
News Release -
Dynegy Announces Special Shareholder Meeting to Approve Charter AmendmentHOUSTON--(BUSINESS WIRE)--Nov. 28, 2000--Dynegy Inc. (NYSE:DYN)
today announced it has scheduled a special meeting of its
shareholders. The purpose of the special meeting is to solicit
shareholder approval for an amendment to Dynegy's Articles of
Incorporation to increase the number of authorized shares of (i) Class
A Common Stock, no par value per share, from 300,000,000 to
900,000,000 and (ii) Class B Common Stock, no par value per share,
from 120,000,000 to 360,000,000.
The date, time and location of the meeting are as follows:
Date: Friday, January 12, 2001
Time: 10:00 a.m. CST
Location: Dynegy Inc. Corporate Headquarters
1000 Louisiana Street
Houston, Texas 77002
Given Dynegy's recent stock split, the increase in authorized
shares will assure that the company has sufficient common stock
available for future activities that are consistent with its business
strategies. The definitive proxy materials for the special meeting
will be mailed on or about November 30, 2000 to shareholders of record
as of November 20, 2000.
Dynegy Inc. is a leading provider of energy and communications
solutions to customers in North America, the United Kingdom and
Europe. The company's leadership position extends across the entire
convergence value chain, from broadband, power generation and
wholesale and retail marketing and trading of power, gas, coal,
emissions allowances, and weather derivatives to transportation,
gathering and processing.
For more information about Dynegy, please visit the company's web
site at http://www.dynegy.com.