Exelon Corp. Want NRG Energy under Their Wing

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Exelon Nuclear Power Plant

Exelon Nuclear Power Plant

Exelon Corp. has offered 6.2 billion dollars in stock to purchase the New Jersey based NRG Energy. This buy would mean a great territorial expansion for Exelon Corp., based in Chicago; also, their merge would create a company whose value would sum up to over 60 billion dollars.

NRG officials have not yet reacted to this unsolicited buy proposal, but it seems that they are not very thrilled about it.

Exelon Corp. operates under the environmentally friendly principle and Read More…

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Posted under Business, Deals, Environment