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Finance & Stock Groups Forum Index » Business News » Fitch: EDF Offer Creates Uncertainty for Constellation & BG&
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| YhFin-MandA |
 Posted: Thu Dec 04, 2008 4:10 pm |
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Guest
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NEW YORK----Electricite de France's unsolicited offer to acquire a
50% interest in the nuclear generation business of Constellation
Energy Group creates competition for the merger agreement currently
in place between CEG and MidAmerican Energy Holdings and causes
uncertainty about the outcome of the Dec. 23 shareholder vote on the
merger, according to Fitch Ratings, which has placed the following
long- and short-term Issuer Default Ratings for CEG and Baltimore Gas
and Electric Company on Rating Watch Evolving.
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<http://biz.yahoo.com/bw/081204/20081204005815.html> |
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