Exelon in Settlement Talks With Washington on Pepco Takeover

Updated on
  • Companies ask D.C. regulators to reconsider rejection
  • Utilities say proposal shortfalls can be 'easily cured'

Exelon Corp. and Pepco Holdings Inc. are in settlement talks with the Washington mayor’s office over a $6.8 billion merger proposal and have asked the city’s regulator to reconsider its rejection of the deal.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.