<div id="subtitle">Public Citizen asks Congress for tighter regulation</div><div><p>At a time when Americans are reeling from high energy prices, Congress must provide relief by restoring transparency to the futures markets, Public Citizen’s Energy Program Director Tyson Slocum told the U.S. House of Representatives ...
<div id="subtitle">Dynegy dissolves joint venture with LS Power on market uncertainty, LS Power to get $19M</div><div><p>Power producer Dynegy Inc. on Friday said it plans to dissolve a development joint venture with LS Power Associates LP, due to constrained credit markets and economic ...
<div><p>The Deal: Exelon Corporation has made an unsolicited offer to acquire NRG Energy Inc. in a stock transaction valued at about $6.2 billion. Under the terms of the offer, Exelon would exchange 0.485 shares of its stock for each outstanding share of ...
<div id="subtitle">Exelon first quarter earnings climb by 23 percent on back of increased nuclear output</div><div><p>Exelon on Thursday said its first quarter earnings rose 23 percent, driven by increased output at its nuclear operations and higher rates.</p><p>The company reiterated its ...
<div id="subtitle">Exelon raises stakes in hostile bid for NRG, offering $8 billion</div><div><p>Exelon Corp. on Thursday sweetened its hostile takeover bid for NRG Energy Inc. by 12 percent to $8 billion in stock, citing newly identified cost savings along with NRG's recent deal ...
<div><p>NEW YORK (Reuters) - Exelon Corp <EXC.N> raised its hostile takeover bid for independent power producer NRG Energy Inc <NRG.N> by more than 12 percent to $7.45 billion on Thursday to sway investors ahead of NRG's annual meeting.</p><p ...
<div><p>NEW YORK (Reuters) - Exelon Corp <EXC.N> raised its hostile takeover bid for independent power producer NRG Energy Inc <NRG.N> by more than 12 percent to $7.45 billion on Thursday but failed to excite investors.</p><p>The new offer ...
<div id="subtitle">NRG Energy rejects Exelon's sweetened hostile takeover bid, says it undervalues business</div><div><p>NRG Energy Inc. said Wednesday that it has turned down Exelon Corp.'s revised hostile takeover bid of $8 billion in stock because it undervalues the business.</p><p> ...
<div><p>NEW YORK (Reuters) - Independent power producer NRG Energy Inc <NRG.N> rejected Exelon Corp's <EXC.N> sweetened hostile bid on Wednesday, saying the $7 billion stock offer was still too low.</p><p>But the company left the door open for ...
<div id="subtitle">Exelon second quarter profit falls on weak demand, cool temperatures</div><div><p>Exelon said Friday that its second-quarter profit fell 12 percent as the weak economy and cooler-than expected weather in its service areas in Chicago and Philadelphia cut into demand for electricity.</p><p ...
