Tag Archives: Exelon

Exelon-Pepco Merger Gets Green Light From Virginia State Corporation Commission

Exelon Corp. and Pepco Holdings have received approval from the Virginia State Corporation Commission to move forward on the the companies’ proposed $7 billion merger agreement they announced in April. Pepco Holdings owns transmission infrastructure in Virginia and previously offered power to distribution customers in Virginia through the Delmarva Power and Pepco utilities, …

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Exelon, Pepco Seek Regulatory Approval for Merger; Chris Crane Comments

Exelon Corp. (NYSE: EXC) and Pepco Holdings Inc. (NYSE: POM) have filed approval applications with regulators in Delaware, D.C. and New Jersey for their proposed merger. The companies intend to combine their electric and gas utilities into an electric and gas business in the mid-Atlantic, Exelon said Wednesday. “We are …

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Exelon Signs $7B Cash Deal to Buy Pepco; Chris Crane Comments

Chicago-based energy producer and distributor Exelon Corp. (NYSE: EXC) has agreed to buy the parent company of mid-Atlantic regional electricity and gas provider Pepco for approximately $6.8 billion in cash, or $27.25 per share. The companies expect the transaction to close in either the second or third quarter of 2015 …

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