Exelon Corp.'s (EXC) planned $6.8 billion acquisition of Pepco Holdings Inc. (PEP), which had faced regulatory resistance, has been approved by the D.C. Public Service Commission, the Washington Post reported Wednesday.

Pepco shares recently traded at $27.11, up 27.6%.

Full story at https://www.washingtonpost.com/local/dc-politics/in-a-surprise-move-dc-regulators-give-green-light-to-pepco-exelon-merger/2016/03/23/4ace2bc0-f10e-11e5-89c3-a647fcce95e0_story.html?postshare=3671458755769253&tid=ss_tw

Write to nymonitoring@dowjones.com

(END) Dow Jones Newswires

March 23, 2016 14:23 ET (18:23 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
Grafico Azioni Pepco (NYSE:POM)
Storico
Da Mag 2024 a Giu 2024 Clicca qui per i Grafici di Pepco
Grafico Azioni Pepco (NYSE:POM)
Storico
Da Giu 2023 a Giu 2024 Clicca qui per i Grafici di Pepco