Thursday, December 29, 2011

JUSTICE DEPARTMENT ORDERS EXELON, CONSTELLATION TO DIVEST COAL PLANTS BEFORE MERG

JUSTICE DEPARTMENT ORDERS EXELON, CONSTELLATION TO DIVEST COAL PLANTS BEFORE MERGER
Exelon Corp. and Constellation Energy Group must sell three electricity generating plants in Maryland before the companies can proceed with their proposed $7.9 billion merger to level competition for wholesale electricity in the mid-Atlantic region, the U.S. Department of Justice (DOJ) said last week. Read More »

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