Perry owned 47,600 shares of Pepco stock and had an interest in tens of thousands of ... according to federal records reviewed by The Washington Post. Perry, in fact, is potentially one of the largest individual beneficiaries of the merger.
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 …
Tara Lachapelle is a Bloomberg Gadfly columnist covering deals ... (And by the way, the Sysco's cash-and-stock offer would have provided a 55 percent gain on the buyout firms' combined equity investment, plus the profit on stakes they …
the company said, including from the New Jersey Board of Public Utilities. As a result of the merger, Pepco Holdings common stock will no longer be listed on the New York Stock Exchange.
Pepco stock dropped nearly 17 percent in the wake of the announcement, MarketWatch.com reported. Pepco and Exelon released a joint statement Tuesday, which says in part: "We are disappointed with the Commission's decision and …
Orange’s 2014 disclosure form didn’t list any stock in the utility. Even stranger, Orange is the landlord to one of …
Exelon and Pepco’s stock prices dropped immediately after the decision, a year and a half after they spiked when the …
Common Stock 175,377 Indirect By Self, as General Partner of POM Services, LLC, which is the General Partner of R&D Rawson, LP Common Stock 209,425 Indirect By Self, as General Partner of POM Services, LLC, which is the General …
The merger has broad support in the state.” So far, investors don't seem concerned. In the past six months, Pepco's stock has traded no lower than $26.65 per share, remaining very close to Exelon's all-cash offer of $27.25. It closed at $26.86 …