Vistra Energy (NYSE:VST): A Reorg Equity to Put on Your Radar
Highland co-founder and co-CIO Mark Okada recently spoke at the Sohn Conference in San Francisco. At the conference he presented Vistra Energy (NYSE:VST) as one of Highland’s investment ideas, explaining the firm’s thesis on this reorg equity.
The below piece is based on the October 4, 2017 presentation. In the short time since, many elements of Highland's investment thesis have started to materialize.
So while the company has seemingly been underappreciated by the broader market since joining the NYSE in May, we think it is now making its way into the mainstream. And if some of the key catalysts on the horizon unfold in the coming weeks and months, that process could accelerate.
In the below piece Highland provides an overview of Vistra’s story and shares three key areas where we see potential in this reorg equity.
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