merger
Shareholders voted overwhelmingly Monday to approve the $12.2 billion acquisition of Westar Energy (NYSE:WR) by Great Plains Energy (NYSE:GXP).
Exelon is buying the Consolidated Edison (Con Ed) retail energy business as it continues its efforts to hedge against falling wholesale power prices.
Talen Energy announced that it had agreed to be acquired by Riverstone Holdings, which is offering $14/share in cash for the company’s outstanding shares.
Great Plains Energy (NYSE:GXP), the parent of Kansas City Power and Light (KCP&L), is buying Westar Energy (NYSE:WR) for $8.6 billion.
The Exelon-Pepco merger looked in danger of failing Tuesday as D.C.'s mayor and consumer advocate said they would not accept new terms offered by D.C. regulators.Modify your meta description by editing it right here
D.C. regulators today denied Exelon’s $6.8 billion acquisition of Pepco but said they would approve the deal with additional concessions.
ITC Holdings, the largest independent transmission operator in the U.S., agreed to be acquired by Canadian utility operator Fortis in a deal valued at $11.3 billion, the companies announced.
WEC Energy Group reported a 48% jump in net income for the fourth quarter, boosted by its acquisition of Integrys Energy Group.
Exelon's primary goal for 2016 is completing the acquisition of Pepco, but the company has contingency plans (an Exelon-PHI merger).
Critics of Exelon’s proposed acquisition of Pepco Wednesday questioned the timing of a $25 million naming rights deal that D.C. Mayor Muriel Bowser finalized days before dropping her opposition to the merger.
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