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Constellation, Exelon chiefs testify before PSC
Top executives of Constellation Energy Group and Exelon Corp. faced questions about reliability, local management of Baltimore Gas and Electric, and corporate governance Monday at the start of what is expected to be an exhaustive regulatory review of...Tags: Justice System, Mergers, Acquisitions and Takeovers, Economy, Business and Finance, Companies and Corporations, Hurricane Irene (2011)
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Exelon's Philadelphia utility fulfills promises to customers, regulators
As Exelon Corp. continues to pursue Constellation Energy Group, the Chicago energy giant is pointing to a decade-old deal with a Philadelphia utility as a success that should reassure wary Marylanders — and regulators — about its intentions...Tags: Litigation and Regulation, Employees, Justice System, Unions, Mergers, Acquisitions and Takeovers
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Constellation Energy Group posts $74 million profit
As Maryland energy regulators prepare to review next week Constellation Energy Group's plan to sell itself to Exelon Corp., the Baltimore energy company posted Friday a $74 million profit in the third quarter. The Baltimore company earned 36 cents per...Tags: Companies and Corporations, Hurricane Irene (2011), Renewable Energy, Mayo A. Shattuck III, Alternative Energy
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Constellation merger hearings to take longer than expected
Maryland energy regulators have added at least two more days to their review of Constellation Energy Group's plans to sell itself to Chicago-based Exelon Corp. The move brings the number of days allotted for evidentiary hearings to 11. The hearings are...Tags: Mayo A. Shattuck III, Trials, Mergers, Acquisitions and Takeovers, Exelon Corp., Court Preliminary
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Energy analysts: Constellation-Exelon merger likely to go through
Despite continuing challenges to Constellation Energy Group's plans to sell itself to Exelon Corp., analysts say the $7.9 billion deal is likely to overcome major regulatory obstacles, including those in Maryland, where critics are seeking concessions...Tags: Morningstar Incorporated, Global Warming, Renewable Energy, Mergers, Acquisitions and Takeovers, Leveraged Buyouts
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Constellation, Exelon agree to more concessions
Constellation Energy Group and Exelon Corp. have agreed to additional concessions to alleviate concerns over market power in the mid-Atlantic's electricity grid under the companies' plan to merge, according to documents filed Tuesday with federal and...Tags: Companies and Corporations, Electricity Production and Distribution, American Electric Power Company Incorporated, Anne Arundel County, Mergers, Acquisitions and Takeovers
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Proxy firm tells Legg shareholders to vote no on CEO pay
An influential shareholder guidance group is advising Legg Mason investors to vote against the Baltimore company's $5.9 million compensation package for Chairman and CEO Mark R. Fetting.
Glass, Lewis & Co., which provides guidance on proxy proposals,...Tags: Board of Directors, Pension and Welfare, Philadelphia (Philadelphia, Pennsylvania), Elections, Interior Policy
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Help wanted: Looking for a few good social media pros
The woman had just bought a new car at the Mile One dealership, but she was sad to see her old one go. So she let a dealership staffer take a picture of her with both — and Mile One connected her with the buyer of her old car online.
"They became...Tags: Maryland, Employees, Public Relations, LinkedIn Corp., Employment
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Legg Mason investors approve executive pay package
Legg Mason Inc. shareholders approved a $5.9 million pay package for Chairman and CEO Mark R. Fetting in an advisory vote announced Tuesday at the Baltimore-based company's annual meeting.
The nonbinding "say on pay" measure won the support of 87 percent...Tags: CEO Pay, Companies and Corporations, T. Rowe Price, Shareholders, Maryland
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Md. ratepayer advocate protests Constellation-Exelon merger
Maryland's ratepayer advocate is objecting to Exelon Corp.'s proposed buyout of Constellation Energy Group, telling federal regulators that the combined company would have too much control of electricity prices on the grid that serves much of the Mid-...Tags: Morningstar Incorporated, Maryland, Justice System, Mergers, Acquisitions and Takeovers, Economy, Business and Finance
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Critic of Constellation deal wants $810 million in incentives
A critic of Constellation Energy Group's proposed merger with Chicago-based Exelon Corp. wants the two firms to provide $810 million in incentives to Maryland ratepayers and other stakeholders as part of the power companies' deal.
The proposal by Good...Tags: Electricity Production and Distribution, Restructuring and Recapitalization, Maryland, Mayo A. Shattuck III, Human Interest
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Road to second Grand Prix full of twists
It was a party unlike any Baltimore had ever hosted during the usually sleepy Labor Day weekend, with candy-colored cars speeding noisily around the Inner Harbor to the delight of crowds drawn to the city's inaugural Grand Prix.
But behind the scenes,...Tags: College Sports, Local Government, Inner Harbor, Finance, Maryland Stadium Authority
Oct 31, 2011
|Story| Baltimore Sun
Oct 30, 2011
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Oct 28, 2011
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Oct 25, 2011
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Oct 12, 2011
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Oct 11, 2011
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Jul 11, 2011
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Jun 19, 2011
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Jul 26, 2011
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Jul 21, 2011
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Aug 9, 2011
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Nov 12, 2011
|Story| Baltimore Sun
Original site for Constellation Energy Group topic gallery.
