District of Columbia
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Legal & RegulatoryDid the D.C. Commission Issue a Stealth Exelon-Pepco Merger Approval?
The District of Columbia Public Service Commission (PSC) on Friday (Feb. 26) rejected a restructured $6.8 billion merger proposal between Exelon and local electric utility Pepco, but offered a counter proposal with conditions that the two companies are likely to approve easily, according to local opponents of the merger. The commission turned down the merger […]