D.C. Public Service Commission (DC PSC)
Exelon offered a split D.C. Public Service Commission (DC PSC) a “middle ground proposal” in a bid to salvage its acquisition of Pepco Holdings Inc.
The Exelon-Pepco merger 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.Modify your meta description by editing it right here
D.C. regulators today denied Exelon’s $6.8 billion acquisition of Pepco but said they would approve the deal with additional concessions.
Exelon's primary goal for 2016 is completing the acquisition of Pepco, but the company has contingency plans (an Exelon-PHI merger).
A Maryland judge upheld state regulators' approval of Exelon’s acquisition of Pepco, denying an appeal led by the Office of People’s Counsel.
GSA is urging D.C. regulators to reject the Exelon-Pepco merger unless the companies can revise their settlement with the district government.
Having achieved a settlement with the mayor, Exelon and Pepco tried to persuade the D.C. Public Service Commission that their merger is now in the public interest.
Critics of Exelon’s proposed acquisition of Pepco Wednesday questioned the timing of a $25 million naming rights deal that D.C. Mayor Muriel Bowser finalized days before dropping her opposition to the merger.
Exelon's proposed acquisition of Pepco Holdings has been re-energized by D.C. regulators, who agreed to reopen the case and denied intervenor status to a group that wants to buy Pepco's district assets.
The D.C. PSC voted to reopen the Exelon-Pepco merger to consider a proposed settlement with Mayor Muriel Bowser’s administration, with closing briefs due Dec. 18.
Want more? Advanced Search