By Suzanne Herel
D.C. regulators said they will approve Exelon’s acquisition of Pepco in return for additional concessions beyond those negotiated by Mayor Muriel Bowser.
Additional news on this topic:
Exelon's acquisition of Pepco looked in danger of failing Tuesday as D.C.'s mayor and consumer advocate said they would not accept new terms offered by D.C. regulators.
Exelon on Monday offered a split D.C. Public Service Commission a “middle ground proposal” in a bid to salvage its acquisition of Pepco Holdings Inc.
D.C. Public Power will release details of a proposed alternative to the Exelon-Pepco merger that it says would provide up to $1 billion in benefits to the district over the next 20 years.