The District of Columbia Court of Appeals unanimously upheld the $6.8 billion merger between Washington, D.C.-based Pepco Holdings Inc. and Chicago-based Exelon Corp. (NYSE: EXC), dealing a blow to its opponents. The decision comes largely after the fact, since the two companies finalized their merger within just a few hours of the D.C. Public Service Commission voting March 23, 2016, to approve the merger. The two companies immediately began merging their operations. Exelon, which has its local…
from https://www.bizjournals.com/baltimore/news/2017/07/21/is-it-over-appellate-court-upholds-pepco-exelon.html?ana=RSS%26s=article_search
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