- American City Business Journals•last month
Opponents of the completed merger between Chicago-based Exelon Corp. (NYSE: EXC and Pepco Holdings Inc. have one last chance to alter — or unravel — the $6.8 billion deal, with the D.C. Court of Appeals setting the timeline for a legal challenge. The challengers have until Jan. 23 to file briefs and documents, while Pepco, Exelon and the D.C. Public Service Commission have until Feb. 22 to respond. The ongoing legal challenge is one of the last pieces of a more than two-year long back-and-forth between the energy companies, merger opponents and the D.C. government.
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