Pepco Holdings Inc (NYSE:POM) stock after its proposed merger with Exelon Corp (NYSE:EXC) was blocked. The Public Service Commission of the District of Columbia denied Exelon’s $6.8 billion bid for Pepco Tuesday. Regulators believe …
Pepco acquired Conectiv for a combination of cash and stock. "A lot of hard work went into this, so we're pleased that we've finally gotten here," said Pepco's chairman and chief executive, John M. Derrick Jr., who will hold the same …
OK, so far so good. We know that Exelon wants more distribution utilities to shore up its sagging stock price and struggling nuke fleet. So it has made an offer to buy Pepco Holdings, a company that owns three distribution utilities …
Pepco's stock has risen 20 percent in that time period to $27.40, slightly above what Exelon agreed to pay. That reflects investor confidence that the deal will close despite the fact that three state utility commissions, in addition to the …
In 2016 the former McCord Museum and McMichael Canadian Art Collection …
Exelon and Pepco were hammered on Wall Street after the decision Tuesday, with Exelon's stock closing down 6.9 percent to $30.40 a share and Pepco's stock falling 16.4 percent to $22.52 a share. The companies' next move was …
today announced that its board of directors has declared a quarterly dividend of $0.27 per share on Pepco Holdings’ common stock that is payable on Dec. 31, 2015, to shareholders of record on Dec. 10, 2015, provided that the …
But you’ll be happy to hear there’s no need to bid for this frock as it’s still in stock …
Normally, an acquisition of this magnitude would involve the use of company stock, but Pepco apparently didn't want to subject its shareholders to the issue that has kept Exelon's stock price low over the past few years — its strong …