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Judge rejects Md.’s bid to block Exelon takeover of Pepco (access required)

Exelon Corp. can push ahead with its $6.8 billion takeover of Pepco Holdings Inc. after a judge rejected arguments by Maryland officials that the deal gives the power company too much control over the state’s energy markets. Queen Anne’s County Circuit Judge Thomas G. Ross on Wednesday rebuffed bids by consumer advocates and Attorney General Brian ...