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Exelon, Pepco agree to fulfill the Public Service Commission's 46 conditions

2015-05-19 22:49:35| Energy - Topix.net

Exelon Corp. and Pepco Holdings Inc. will meet the 46 conditions Maryland's Public Service Commission imposed when approving their contested acquisition, they said Monday, as opponents of the deal tried to decide whether to take it to court.

Tags: service conditions public agree

Exelon (EXC) Stock Soaring on Pepco Merger Approval

2015-05-17 04:00:58| Energy - Topix.net

"Our proposal delivers significant economic benefits to Maryland customers, increases reliability, promotes energy efficiency and advances clean energy as part of a long-term commitment to improve service and modernize our grid. We will have more to say once we have time to study the order," Exelon said in a statement announcing the deal's approval.

Tags: stock approval merger soaring

Exelon, Pepco sign deal with D.C.-area counties to boost merger

2015-03-18 16:03:15| Energy - Topix.net

Exelon Corp. and Pepco Holdings Inc. announced a settlement agreement with two Washington, D.C.-area counties and several interest groups Tuesday, making a major move as the energy giants continue to push for Maryland regulators to approve their $6.8 billion acquisition deal.

Tags: sign deal boost counties

Exelon, Pepco Holdings Reach Settlement Agreement with NJ BPU in Proposed Merger

2015-01-20 20:58:00| Transmission & Distribution World

Exelon Corp. and Pepco Holdings Inc. have reached a settlement in the proceeding before the New Jersey Board of Public Utilities to review the two companies proposed merger, which was announced on April 30, 2014. read more

Tags: agreement reach proposed settlement