Guggenheim Downgrades Exelon (EXC) to Neutral

UBS Cuts Price Target on Exelon Corp. (EXC) Following D.C.'s Vote Against Exelon's Acquisition Request.

UBS maintained a Neutral rating on Exelon (NYSE: EXC), and cut the price target to $32.00 (from $33.00), following Washington DC Public Service Commission's (PSC) vote against Exelon's pending acquisition request. The PSC states that "Pepco will become a second tier company in a much larger... More

Exelon Corp. (EXC), Pepco (POM) Comment on DC PSC Decision; Will Review Options

Exelon Corporation (NYSE: EXC) and Pepco Holdings Inc. (NYSE: POM) issued the following statement in response to the Public Service Commission of the District of Columbias decision on the companies proposed merger.

We are disappointed with... More

Pepco (POM) Given 30 Days to Ask D.C. PSC to Reconsider Decision on Excelon (EXC) Meger

Pepco Holdings (NYSE: POM) s rebounding following news that the D.C. Public Service Commission will allow the company 30 days to reconsider its decision on Pepco's proposed merger with Excelon (NYSE: EXC). The following press release was issued Tuesday:

Today, the Public Service Commission of the District of Columbia (Commission) voted to deny an application for acquisition of Pepco Holdings, Inc. (PHI) by Exelon Corporation as not being in the public interest. In determining whether the Proposed Merger is in the public interest pursuant to D.C. Code... More

Exelon Corp. (EXC) & Pepco Holdings (POM) Merger Rejected in DC

(Updated - August 25, 2015 11:46 AM EDT)

Pepco Holdings (NYSE: POM) shares were halted after spiking lower Tuesday. The decline followed a D.C. PSC order rejecting a merger with Exelon Corp. (NYSE: EXC) after it failed to... More

DC rejects Exelon's (EXC) Pepco Holdings (POM) takeover offer - Bloomberg

DC rejects Exelon Corp. (NYSE: EXC) Pepco Holdings (NYSE: POM) takeover offer, according to Bloomberg.