AI
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.
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
