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Exelon-Pepco Merger Faces Headwinds in Maryland

People’s Counsel Calls for Rejection of Deal

Dec 15, 2014
Company News / Maryland
By Ted Caddell  Maryland People's Counsel Paula Carmody After breezing through regulatory approvals by Virginia and the Federal Energy Regulatory Commission, Exelon’s $6.8 billion acquisition of Pepco Holdings Inc. (PHI) is starting to run into some headwinds. Citing doubts about Exelon’s claimed economic benefits, the staff of the Maryland Public...

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