Risk.net

NRG deals another blow to Exelon takeover attempt

The board of directors at NRG sent a response to Exelon today, claiming the July 2, 2009 offer of an all-stock transaction with a fixed exchange ratio of 0.545 of a share of Exelon common stock for each NRG share, was not in shareholder's best interests. "Indeed, by any objective analysis, the increase in your offer fails to adequately compensate NRG stockholders even for the value created by NRG since your original offer was launched," the statement said.

Exelon, a Chicago-based utility, first

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: