InvestorsHub Logo
Followers 141
Posts 35147
Boards Moderated 4
Alias Born 08/24/2003

Re: 3xBuBu post# 219

Wednesday, 04/30/2014 11:40:02 AM

Wednesday, April 30, 2014 11:40:02 AM

Post# of 318
Exelon Dropped 5% after Agrees to Purchase Pepco Holdings for $6.8 Billion

http://www.bloomberg.com/news/2014-04-30/exelon-said-to-agree-to-acquire-pepco-for-more-than-5-4-billion.html

Exelon Corp. (EXC), the largest U.S. nuclear operator, agreed to buy Pepco Holdings Inc. for $6.8 billion in cash in this year’s biggest utility acquisition in North America.

The deal values Pepco, operator of the utility that serves the Washington metro area, at $27.25 a share, according to a joint statement today. That represents a 20 percent premium over Pepco’s closing price yesterday.



My post is for my entertainment, do your own DD before pushing your
buy/sell buttons