D.C. regulators approve $6.8 billion Pepco-Exelon merger

The D.C. Public Service Commission approved the $6.8 billion merger between Chicago-based Exelon Corp. (NYSE: EXC) and D.C.-based Pepco Holdings Inc. (NYSE: POM) on Wednesday, ending a two-year regulatory approval process that proved much tougher than expected. The ruling gives Exelon the final regulatory approval to close the deal. Federal regulators have already approved the merger, as have regulators in Virginia, Maryland, Delaware and New Jersey. The merger will create an energy behemoth —…

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