| 12.11.2008 - Exelon goes hostile on NRG after $6bn bid rebuff |
| From FT: Exelon launched a hostile takeover battle for rival NRG Energy yesterday, after NRG rejected its unsolicited $6.2bn offer to combine the companies into the largest US power producer. The power sector has recently turned into fertile ground for potential transactions. Dynegy, another US power company, also hired Goldman Sachs and Greenhill to advise on its strategic options, an insider said..... Full Article: Source |