Exelon to Create Nation&#39;s Largest Utility Holding Company
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A deal to create the nation&#39;s largest utility holding company was announced this morning as the Exelon Corporation reached an agreement to aquire PSE&amp;G.
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HARRISBURG, Pa., Sept. 25  â The Exelon Corporation said Monday that it would end its contract with a company that provides security at the Peach Bottom nuclear power plant in south-central Pennsylvania after security officers were caught on videotape nodding off or sleeping on the job.
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US energy firm Exelon Corp agreed to pay about $US12.5 billion ($16.37 billion) dollars to buy Public Service Enterprise Group Inc (PSEG), creating the biggest US power group, the firms said overnight.
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The French state-owned company Gaz de France announced that it would merge with the utility Suez to create one of the worldâs largest energy groups.
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Electric Power Development Co. (J-Power)  will form a joint venture in the United States with a life insurer to help raise its power-generation assets there by up to 2,000 megawatts by 2010 from the current 600 MW.
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The boards of both the US telecoms giant Sprint Corp and mobile phone operator Nextel Communications Inc have announced their intention to create the third largest mobile operator in the US, in a deal worth $35 billion.
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SEATTLE, Oct. 26  Â Puget Energy, parent company of Puget Sound Energy, Washington Stateâs largest private utility, said Friday that it had agreed to be acquired and taken private by a consortium of investors for $30 a share in cash, a transaction that the company valued at $7.4 billion, including debt.
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French energy group Suez and state-owned Gaz de France announced their merger Monday, creating the world&#39;s fourth biggest energy company by market capitalisation.
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Exxon Mobil Corp. (XOM.N: Quote, Profile, Research) , the world&#39;s largest publicly traded oil company, said on Friday it would take a charge of $550 million in the third quarter to cover
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Dynegy Inc. (DYN.N: Quote, Profile, Research) on Tuesday said it would buy a package of power plants from Exelon Corp. (EXC.N: Quote, Profile, Research) in New York
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The deal will create a global offshore oil giant Energy firms Statoil and Norsk Hydro have unveiled plans to merge their offshore oil and gas operations, creating a global industry giant.Comment
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The Exelon Corporation, the owner of utilities in northern Illinois and eastern Pennsylvania, is in talks to acquire P.S.E.&G.
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Electric Power Development Co., a former state-run utility, said Friday it is planning an initial public offering on the Tokyo Stock Exchange in October, a deal that could be the country's biggest new stock listing in six years.
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Dynegy Inc., owner of power plants in 12 US states, has agreed to buy Sithe Energies Inc. from Exelon Corp. for $135 million, the first acquisition since the company began selling assets to repay debt in 2002.
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Exelon Corp. , the nation's largest nuclear power company, has agreed to buy New Jersey utility Public Service Enterprise Group Inc.  for &#36;13.2 billion in stock, creating the nation's largest utility, the companies said on Monday.
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WASHINGTON -- The nation&#39;s largest wireless phone company is created by the deal approved Tuesday by the Federal Communications Commission.
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Energy company Dynegy Inc. on Tuesday said it will by some of the power generation assets of Exelon Corp. for $135 million in cash plus debt assumption.