UPDATE: Exelon Closes Pepco Merger Following OK from DC PSC
Creates Largest US Utility
Mar 23, 2016
By Suzanne Herel Exelon closed its $6.8 billion acquisition of Pepco Holdings Inc. on Wednesday, after the D.C. Public Service Commission approved the merger 2-1 on terms it crafted itself. Two years in the making, the deal will rank Exelon as the largest utility in the country by number of...