Exelon to buy PSEG for $12B, create No. 1 utility
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In a merger that would create the USA&#39;s largest electric utility, Exelon has agreed to buy Public Service Enterprise Group for $12 billion in stock, the two companies announced Monday.
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In a deal that would create the nation's biggest power company, the Exelon Corporation said it would buy the Public Service Enterprise Group of New Jersey.
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Utilities firm increases gas prices by 12.9% and electricity prices by 7.9%
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Exelon Corp. is acquiring Public Service Enterprise Group Inc. in a &#36;12 billion stock deal that would create the nation's largest power generation company with customers in Illinois, New Jersey and Pennsylvania.
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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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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.
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Eastman Kodak Co. EK.N on Wednesday  said it will take full control of Kodak Polychrome Graphics, a  maker of commercial graphics films and plates, by buying Sun  Chemical Corp.'s 50 percent stake in the joint venture for  about $817 million over several years.
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ECI Telecom, an Israeli maker of telecommunications equipment, agreed to be bought by the Swarth Group and the Ashmore Group for $1.2 billion.
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Allegheny Energy Inc. (AYE.N: Quote, Profile, Research) on Tuesday said it agreed to sell an Illinois power plant to energy buyout firm ArcLight Capital Partners for $173 million and will use the proceeds to reduce debt.
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Great Plains Energy has agreed to buy the crosstown utility operator Aquila for about $1.7 billion.
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Exelon Corp. and Public Service Enterprise Group Inc. plan to sell some power plants and nuclear power capacity to get regulatory approval of the companies' proposed merger, officials from the utilities said Friday.
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The proposed merger of Public Service Enterprise Group and Exelon will result in the elimination of 900 jobs in New Jersey, most of them at the PSEG unit that operates three nuclear power plants in Salem County.
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Agribusiness Monsanto Co. said yesterday it will buy vegetable and fruit seed company Seminis Inc. for about $1 billion in cash, looking to capitalize on the trend of healthier diets while further migrating from its chemical herbicide business.
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DTE Energy Co. , a utility holding company, said it plans to sell a 50 percent stake in some industrial and power projects to a unit of General Electric.  for $805 million.
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Exelon Corp. (EXE.N: Quote, Profile, Research) is in talks to buy New Jersey utility Public Service Enterprise Group Inc.&#39;s (PEG.
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French oilfield services group Compagnie  Generale de Geophysique is to buy Texas-based Veritas DGC Inc.  in a $3.1 billion deal to merge their seismic businesses, the  companies said on Tuesday.
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City Public Service (CPS) has reached an agreement with American Electric Power&#39;s Texas subsidiary to buy an additional 12 percent equity stake in the South Texas Project for $160 million.