NEW YORK (TheStreet) -- Exelona , a U.S.-based energy provider, and Pepco Holdingsa , a holding company of utility subsidiaries, have recently filed for merger approval. This news comes after Exelon announced its intention to purchase Pepco Holdings back on April 30. The $6.8 billion deal has lead to a 20% spike in shares of Pepco Holdings since the end of April -- all the way to $27.41 as of ...
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