Exelon’s Constellation Acquisition News

Exelon deal to acquire Constellation would not go through if Maryland conditions approval on a BGE spinoff: Exelon COO

Exelon Corp. has identified some 600 corporate positions that would be eliminated under a merger with Baltimore’s Constellation Energy Group, a top executive of the Chicago energy giant said Wednesday.

Exelon plans to move 200 to 250 jobs from its Pennsylvania energy-trading operations to Baltimore, where the combined company plans to base Constellation’s growing business of selling power to retail and wholesale customers.

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