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Constellation, EdF deal does not please all

Constellation Energy Group Inc. and its French partner accepted state regulators’ conditions needed to close their nuclear joint venture Monday, but some opponents said the deal does not represent the best interests of consumers. The Public Service Commission approved the $4.5 billion deal to sell half of Constellation’s nuclear business to Electricite de France after months ...

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2 comments

  1. Wow, what a novel idea for this Governor: “independent” members of the company’s board. Too bad he did not feel this was necessary for the Office of the Public Defender which he stacked with two of his lapdogs.

  2. The stock is at 31.00. I hope everyone remembers that before the EDF deal Buffett had on the table a “must sell” price of 28.00. The hundreds of thousands of Maryland shareholders in Constellation are now on the way back to a profitable share number because of the EDF deal.

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