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Vistra Energy  (VST) - Get Vistra Corp. Report approached rival Dynegy  (DYN) with a takeover offer, sources told the Wall Street Journal, a potential marriage that could result in the combined company becoming one of the country's largest independent power producers. 

The talks are only preliminary, and could conclude without a deal being struck, sources said, but both Texas-based companies have an enterprise value of about $10 billion. 

Vistra shares were up 1.3% in morning trading Friday on the news, while Dynegy stock jumped more than 25% on Friday. 

Jim Cramer and the RealMoney team are on top of the volatile oil market and come with timely insights to help investors navigate commodity's ups and downs. Here is Jim's latest on what's moving crude prices and how investors should play the market

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