Bruce

Dynegy Inc. CEO Bruce Williamson told shareholders in the annual meeting Thursday that the company hopes to finalize a decision about selling its midstream natural gas assets within four to six weeks. He reiterated that based on current financial performance, the assets likely will be sold for $2.5-3 billion.

Dynegy CEO Bruce A. Williamson said at the company’s annual meeting Thursday that while it has spent the last couple of years putting assets on the auction block, it may spend the next couple on the lookout for merger and acquisition opportunities, particularly in the power generation business.

Dynegy CEO Bruce A. Williamson said at the company’s annual meeting Thursday that while it has spent the last couple of years putting assets on the auction block, it may spend the next couple on the lookout for merger and acquisition opportunities, particularly in the power generation business.

Dynegy on Thursday announced that it would reorganize its business structure to require Investor Relations to report directly to CEO Bruce A. Williamson. In conjunction with the news, Peter J. Wilt was named vice president of investor relations and Norelle V. Lundy as director of investor relations.

Dynegy Inc.’s share price continued to show small gains on Friday, following an upbeat speech a day earlier by CEO Bruce Williamson, in which he told analysts that the company has shifted its focus from “stabilizing the company to running the company strategically.”

Dynegy Inc.’s share price continued to show small gains on Friday, following an upbeat speech a day earlier by CEO Bruce Williamson, in which he told analysts that the company has shifted its focus from “stabilizing the company to running the company strategically.”

Dynegy Inc. CEO Bruce Williamson told shareholders Thursday that even though the company had a successful first quarter, it has to focus on restructuring before considering any growth opportunities. First, he said, will be refinancing debt due in 2005, which will be completed before anything else is considered.

Dynegy Inc. CEO Bruce Williamson told shareholders Thursday that even though the company had a successful first quarter, it has to focus on restructuring before considering any growth opportunities. First, he said, will be refinancing debt due in 2005, which will be completed before anything else is considered.

Bruce A. Williamson, Dynegy Inc.’s new president and CEO, has two priorities he plans to accomplish in the next few days. The first, which he began Wednesday, is to meet with the employees — “face time,” said a Dynegy spokesman. His second priority is to meet all of Dynegy’s customers, with its top customer, ChevronTexaco, likely at the top of the list.