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Exelon-Pepco Say Terms Proposed By PSC Threaten To "Derail" Merger, Offer Alternatives

March 08,2016



Opposition from settling parties to alternative terms offered by the D.C. PSC as a condition for approval of the merger of Exelon and Pepco, "threatens to derail the merger entirely," Exelon and Pepco said in a filing with the PSC offering their own alternatives.

The major sticking point is the treatment and allocation of customer rate credits.

See the stories below for more:

Bloomberg: Exelon, Pepco Make Renewed Attempt to Save $6.8 Billion Deal

Baltimore Sun: Exelon and Pepco propose new alternative to save merger deal

Tags:
Exelon   Pepco   District of Columbia   M&A  

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