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US: Exelon/Pepco enhance merger package to gain approval from regulators

 |  March 4, 2015

Exelon and Pepco have upped the amount of money they’ll put into a “customer investment fund” and promised quicker reliability improvements if state regulators approve their $6.8 billion merger.

The power companies offered the increased benefits in a filing with the Maryland Public Service Commission on Wednesday. The PSC will decide by April 8 whether to allow the merger and if so, under what conditions.

 

Full Content: Market Watch

 

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