District of Columbia

  • Stock_Money_AndrewMagill
    Legal & Regulatory

    Did 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 […]