DPL
(DPL)
hired
Morgan Stanley
to explore a range of strategic options, including the possible sale of all or part of the company.
The Dayton, Ohio, energy company was fairly tight-lipped, but said "given this unique time in the development of the emerging deregulated merchant energy markets, we believe we should examine all possibilities."
Shares of DPL, the parent company of
DPL Energy
and
Dayton Power & Light
, ended the regular
New York Stock Exchange
trading session at $33.19, down 13 cents, or 0.4%. The company has a market capitalization of about $4.2 billion.
