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August 2014 Archives

Companies say merger will bring better service to customers

Pepco Holdings and Exelon announced on April 30 that they would be merging. On Aug. 19, the companies filed a regulatory request with the Maryland Public Service Commission. If regulatory approval for the $6.8 billion deal is granted, the two companies say that there will be fewer and shorter power outages for customers. In addition, the companies say that that merger would result in $623 million in economic impact and result in 7,100 more jobs.

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