Utilities
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Exelon Closer to Obtaining Pepco in Multibillion-Dollar Transaction
Although there are other hurdles to clear, the Exelon Corporation recently took a big step toward creating one of the largest electric utility holding companies in the United States, writes Rebecca Smith of The Wall Street Journal. Exelon’s $6.8 billion acquisition of Pepco Holdings Inc. in August 2015 has since been contested by utility regulators for…
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