Public Service Enterprise, "has been out in the market trying to find an M&A partner, but it has been unable to ink a deal so far, said several sources familiar with the company," according to a report from The Deal published on TheStreet.com
"PSEG has been said to be in recent talks with Allentown, Penn.-based PPL," according to the report.
The report also listed other "logical" M&A partners for PSEG as including Consolidated Edison, National Grid, FirstEnergy, Dominion Resources, American Electric Power, Southern Co., and Duke Energy.