Steven M. Davidoff, the NY Times Dealbook’s Deal Professor on the world of mergers and acquisitions, includes Landry’s Restaurants, Inc’s Tilman Fertitta – for many of the reasons chronicled over the past several years here –  in the group of businessmen getting an “F” for dealmaking in 2010:

Others deserving an F are Tilman Fertitta, chief executive of Landry’s, for his second buyout effort of the restaurant company. Mr. Fertitta initially obtained the agreement of Landry’s board to $14.50 a share to take Landry’s private. He was then effectively forced by the hedge fund Pershing Square and the Delaware courts to raise his initial lowball bid to $24.50 a share.

Meanwhile, Dynegy, Inc’s management team also gets an “F” in the category of shareholder communications:

COMMUNICATIONS In this perennially competitive category for bad grades, the F this year goes to Dynegy. The energy company threatened its shareholders with possible bankruptcy if a sale to the Blackstone Group was not completed at $4.50 a share. The threat made the company appear heavy-handed with its shareholders and was ill conceived, because only a month after the Blackstone sale was canceled, the company agreed to sell itself to Carl C. Icahn for $5.50 a share. This latest sale is also being challenged by one of Dynegy’s largest shareholders.

Can’t really argue with either evaluation.