Deals
What Exelon Would Have to Do to Save Its $6.8 Billion Pepco Deal
- Company must address concerns about residential rates rising
- Exelon CEO Crane has said company needs decision by March 4
This article is for subscribers only.
Last week, District of Columbia regulators proposed a set of conditions that had the potential of finally clearing Exelon Corp. to buy Pepco Holdings Inc. for $6.8 billion. At the time, analysts including Guggenheim Securities LLC described the new terms as “minor.”
They aren’t looking so trivial anymore.