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Constellation, EdF agree to close deal (access required)

Posted: 9:26 am Mon, November 2, 2009
By Danielle Ulman

Standard & Poor’s Ratings Services downgraded Constellation Energy Group Inc. Monday, as the company and its French partner said they would agree to the conditions set by state regulators to complete their nuclear deal. The ratings agency lowered Constellation’s ratings to BBB- from BBB, one step above junk bond status. S&P said it based its downgrade ...

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