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Tag Archives: merger

Hogan takes no position on proposed utility merger

Gov. Larry Hogan. (The Daily Record / Bryan P. Sears)

Gov. Larry Hogan is taking a neutral stance on the proposed $6.8 billion merger between Exelon and Pepco Holdings, a position that has elicited disappointment from opponents of the deal.A coalition of environmental and social issues groups are among those who want Hogan to join with Attorney General Brian E. Frosh and others in opposing the merger, which critics note would make one company responsible for providing power to 85 percent of the state's residents.

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Madison Bancorp deal on track

Codorus Valley Bancorp Inc.’s acquisition of Madison Bancorp Inc., parent company of Madison Square Federal Savings Bank, has received all regulatory approvals, the companies announced Monday. The merger of Madison Square Federal with Cordorus Valley’s PeoplesBank, of York, Pennsylvania, is ...

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