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Stock Market & Financial Investment News

News Breaks
June 18, 2014
11:17 EDTPOM, EXCExelon, Pepco Holdings file for merger approval with utility commissions
Exelon Corporation (EXC) and Pepco Holdings (POM) filed applications seeking approval of their proposed merger with the Delaware Public Service Commission, the Public Service Commission of the District of Columbia and the New Jersey Board of Public Utilities. The companies announced their proposed merger on April 30. The companies have already made transaction-related filings with the Federal Energy Regulatory Commission and the Virginia State Corporation Commission. The transaction is also subject to the notification and reporting requirements under the Hart-Scott-Rodino Act and other customary closing conditions. The transaction requires the approval of the stockholders of PHI. The companies plan to file for merger approval with the Maryland Public Service Commission in August, which still allows for the completion of the merger in the anticipated timeframe of the second or third quarter of 2015.
News For EXC;POM From The Last 14 Days
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June 30, 2015
16:07 EDTPOMICF International awarded $14M in contracts by Pepco Holdings
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June 29, 2015
10:51 EDTEXCSupreme Court overrules EPA regulations on power plant pollution, The Hill says
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June 26, 2015
10:00 EDTEXCConstellation selected by City of Cleveland for electricity supply
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June 22, 2015
19:56 EDTEXCUtilities sector dips after EPA warns of 'significant risks' from climate change
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