Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors' consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […]

IRVING, Texas, June 27, 2019 /PRNewswire/ -- Vistra Energy Corp. (VST) today announced the settlement rate for the stock purchase contracts that are components of the 7.00% tangible equity units (DYN). Vistra (as successor in interest to Dynegy Inc.) is party to that certain purchase contract agreement dated as of June 21, 2016 (as amended and supplemented, the "Purchase Contract Agreement"), by and between Vistra and Wilmington Trust, National Association, as the purchase contract agent and as the trustee. In accordance with Section 4.01 of the Purchase Contract Agreement, holders of the stock purchase contracts will receive 4.0813 shares of Vistra common stock (the "Settlement Amount") for each stock purchase contract that they hold, with cash to be paid in lieu of any fractional shares at a rate of $22.5954 per share.