Exelon and Pepco accept Maryland’s conditions on merger

Exelon Corp. and Pepco Holdings, Inc., said Monday they accept the conditions and customer benefits outlined in the Maryland Public Service Commission’s approval order of their merger.“After a thorough review of the order, we have concluded that it is constructive, but the conditions it imposes – including those to which the companies already committed to in our settlement – will also be challenging,” Exelon President and CEO Chris Crane said. Read More »