Pepco Holdings Inc. (POM)

[Timothy Smith]

Exelon (EXC +1.9%) is on the verge of a tentative agreement with the mayor of Washington, D.C., on its $6.8B proposal to buy Pepco (POM +1.3%), Bloomberg reported over the weekend.

The draft agreement is said to include more customer credits than EXC and POM initially proposed, and would require EXC to establish a second headquarters in D.C., where POM already is based.