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March 31, 2023
Home » Exelon ups Merger Offer in Maryland as AG Calls for Rejection - UPDATE
By Suzanne Herel Maryland Attorney General Brian Frosh called on state regulators to reject Exelon’s acquisition of Pepco Holdings Inc., while the companies more than doubled their offer of ratepayer incentives. Frosh told the Public Service Commission the $6.8 billion deal was unlikely to improve reliability and would harm competition.
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