Tag Archives: Exelon Corp

NRG Shareholders (NRG) To Vote On Exelon’s (EXC) Hostile Takeover Bid Today

The takeover drama between Exelon Corp and NRG Energy may finally come to a close today, as shareholders from NRG gather to vote on whether to not to elect Exelon’s chosen directors to NRG’s Board.

If the directors are not elected, Exelon will walk, and eventuality that is looking increasingly likely according to Reuters.

Right now, Exelon is offering 0.545 Exelon shares per NRG share. NRG has said it believes the offer is too low, … Read the rest