Exelon Closes Deal to Buy Pepco, Creating Largest US Utility

March 24, 2016 6:57 PM

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Exelon has completed its nearly $7 billion deal to buy Pepco, creating America's largest U.S. electric utility company.

The deal closed late Wednesday after the company received approval from its final regulator, almost two years after Exelon first made its offer for Pepco.

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