Utilities M&A » By The Online Investor Staff, updated Mon., Jul. 4, 11:09 AM
Recent mergers and acquisitions in the Utilities M&A category.
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Slide #8. Exelon Corporation — Pepco Holdings Inc.
Acquirer:
Exelon Corporation (EXC)
Acquiree:
Pepco Holdings Inc. (POM)
Details:
Exelon Corporation (NYSE:EXC) and Pepco Holdings Inc. (NYSE:POM) today announced that they have signed a definitive agreement to combine the two companies in an all-cash transaction. The agreement, which has been unanimously approved by both companies' boards of directors, brings together Exelon's three top-performing electric and gas utilities - BGE, ComEd and PECO - and Pepco Holdings' electric and gas utilities - Atlantic City Electric, Delmarva Power and Pepco - to create the leading Mid-Atlantic electric and gas utility.
Exelon is a utility services holding company engaged in the generation, delivery, and marketing of energy through its subsidiary, Exelon Generation Company, LLC, and the energy distribution and transmission businesses through its subsidiaries, Commonwealth Edison Company, PECO Energy Company, Baltimore Gas and Electric Company, Potomac Electric Power Company, Delmarva Power & Light Company, and Atlantic City Electric Company. Through its subsidiary, Exelon Business Services Company, LLC, Co. provides its subsidiaries with a variety of support services. Co.'s subsidiary, Pepco Holdings LLC, also has a subsidiary, PHI Service Company, which provides a variety of support services.
Exelon SEC Filing Email Alerts Service
Open the EXC Page at The Online Investor » Exelon is a utility services holding company engaged in the generation, delivery, and marketing of energy through its subsidiary, Exelon Generation Company, LLC, and the energy distribution and transmission businesses through its subsidiaries, Commonwealth Edison Company, PECO Energy Company, Baltimore Gas and Electric Company, Potomac Electric Power Company, Delmarva Power & Light Company, and Atlantic City Electric Company. Through its subsidiary, Exelon Business Services Company, LLC, Co. provides its subsidiaries with a variety of support services. Co.'s subsidiary, Pepco Holdings LLC, also has a subsidiary, PHI Service Company, which provides a variety of support services.
Exelon SEC Filing Email Alerts Service
Open the POM Page at The Online Investor »
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