The Exelon headquarters site selection choice seems to have surprised the pundits and prompted heckles from politicians with downtown constituents. Shock, dismay and “woe is me,” seem to be the sentiment. But if you looked closely, you could have seen ...Read More »
A legislative audit has faulted the state Department of Business and Economic Development in four areas, and a sweet shop in Annapolis opened just in time for Valentine’s Day. Those stories and more in this week’s business top 5. 1. ...Read More »
The Public Service Commission conditionally approved Exelon Corp.’s $7.9 billion purchase of Constellation Energy Group on Friday. Baltimore’s last remaining Fortune 500 company’s days appeared to be numbered after state regulators signed off on the all-stock deal, under which the ...
Tagged with: acquisition Baltimore baltimore gas and electric Business Constellation Energy Group electricite de france exelon Federal Energy Regulatory Commission fortune 500 Martin O'Malley merger Paula Carmody Public Service CommissionRead More »
Constellation Energy Group Inc., on the day it is set to learn whether it has earned key approval from state regulators for its planned acquisition by Exelon Corp., reported a $583.6 million loss for the last quarter of 2011. The ...Read More »
As plans move forward for construction of a $120 million office tower for Exelon Corp. at Harbor Point, one of the tax breaks at the 27-acre site is set to expire in mid-June — setting up a possible faceoff between ...Read More »
Tax increment financing in the district surrounding Harbor Point could change just as Exelon Corp. prepares to build its Baltimore headquarters there. McCormick & Co. Inc. also announced this week they will be opening a retail store at the Light ...
Tagged with: baltimore city circuit court Baltimore Development Corporation east baltimore development inc. EBDI exelon Harbor Point House Environmental Matters Committee light street pavilion McCormick & Co. Inc. TIF Turner Construction Co.Read More »
Members of the Baltimore City Council and others Thursday questioned millions of dollars in tax breaks set to go toward a $120 million office development for Exelon Corp. in Harbor Point. Two public subsidies for the developer, Harbor East Development ...Read More »
Fourth-quarter mergers and acquisitions were dominated by medical and real estate sector deals, but overall activity slowed from the third quarter of 2011. According to data compiled by Bloomberg Financial exclusively for The Daily Record, 30 deals closed in the ...Read More »
Exelon picks Harbor Point Exelon Corp. will build its $120 million, 300,000-square-foot Baltimore headquarters at Harbor Point, part of a $250 million development that it expects will attract about 4,500 permanent jobs, company officials said. The Baltimore Development Corp. is seeking ...Read More »
Kirby Fowler definitely has a point. The president of the Downtown Partnership of Baltimore has argued that the Inner Harbor would have received a real boost if the new office building that Exelon is promising to build in Baltimore were ...Read More »