Dynegy Inc's (DYN.N) top management announced their resignations on Sunday after failing to sell the company for the second time in a year. The power company terminated its $665 million deal to sell itself to Carl Icahn because the billionaire investor was unable to convince shareholders to agree to the $5.50-a-share cash bid on the table. Dynegy shares closed on Friday at $6.01 -- 9.3 percent above Icahn's bid. Bruce Williamson will resign as president and CEO, effective March 11. Williamson has also resigned as a director and chairman of the board, effective immediately.
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