A motion for a temporary injunction was filed in the District Court of Harris County, Texas, 234th Judicial District, seeking to enjoin Blackstone Group, L.P.’s proposed buyout of Dynegy Inc. Dynegy shareholders claimed that the offer significantly undervalued the company. Compass Lexecon expert, Professor Daniel R. Fischel, was retained by counsel for Dynegy to analyze Dynegy’s share price movements prior to the announcement of the proposed buyout and whether the offer was beneficial to Dynegy shareholders. Professor Fischel provided deposition testimony and the case subsequently settled on extremely favorable terms prior to the injunction hearing. Rajiv Gokhale, George Hickey, and Peter Clayburgh of Compass Lexecon’s Chicago office assisted in the analysis. We worked with Charles Schwartz, Celso Gonzalez- Falla, Heather Lohman, and Christopher Bellotti of Skadden, Arps, Slate, Meagher & Flom LLP.