November 4, 2024

merger

Great Plains Energy, Westar Shareholders OK $12.2B Deal
Shareholders voted overwhelmingly Monday to approve the $12.2 billion acquisition of Westar Energy (NYSE:WR) by Great Plains Energy (NYSE:GXP).
Exelon’s Constellation to Buy Con Ed’s Retail Operation
Exelon is buying the Consolidated Edison (Con Ed) retail energy business as it continues its efforts to hedge against falling wholesale power prices.
Riverstone to Acquire Talen in $1.8B Deal
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.
KCPL’s Parent Great Plains Energy to Buy Westar for $12.2 Billion
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.
Exelon-Pepco Deal in Doubt as Mayor, Consumer Advocate Balk at New Terms
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
DC PSC: Will OK Exelon-Pepco Deal for Additional Concessions
D.C. regulators today denied Exelon’s $6.8 billion acquisition of Pepco but said they would approve the deal with additional concessions.
Fortis to Acquire ITC Holdings for $11.3B
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.
Warm Months Fail to Dampen WEC Q4 Earnings
WEC Energy Group reported a 48% jump in net income for the fourth quarter, boosted by its acquisition of Integrys Energy Group.
Exelon Reiterates March 4 Deadline on PHI Deal
Exelon's primary goal for 2016 is completing the acquisition of Pepco, but the company has contingency plans (an Exelon-PHI merger).
Merger Opponents Seek Ethics Investigation of Pepco-DC Stadium Deal
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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