Mergers, Acquisitions and Takeovers

Exelon, Constellation donate $1.8M to Md. Science Center

2012-05-15 13:21:00

Exelon Corp. and Constellation have donated $1.8 million for a new energy exhibit at the Maryland Science Center, the first public display of their charitable commitment to the city and state since the merger between the energy giants closed in March, the...

Constellation's three coal plants to find new owner by year's end

2012-04-27 19:56:00

While Constellation Energy Group has a new owner in Exelon Corp., 450 workers at three coal-fired plants once owned by the Baltimore company are in limbo. As a condition of its purchase of Constellation last month, the Chicago energy giant has...

Exelon's first-quarter profit drops 70 percent

2012-05-04 14:54:38

Exelon Corp. reported Friday a 70 percent drop in quarterly profit because of warmer-than-normal winter weather, lower power prices and costs related to its acquisition of Constellation Energy Group. The Chicago-based company earned $200 million, or 28...

Md. regulators order Exelon to explain merger agreement violations

2012-04-13 16:58:00

Maryland energy regulators have ordered Exelon Corp. to explain how the company "inadvertently" violated some conditions related to its merger with Baltimore's Constellation Energy Group. As part of Maryland Public Service Commission's approval for the...

JFX jammed? Try these alternate routes to downtown

2012-04-15 08:26:18

Attention, Baltimore commuters: The JFX has been reduced to two lanes in each direction. That means, come Monday morning, it's going to be extra-crowded on the expressway. To get to work on time, check out the directions below for alternate routes into...

BGE $100 rate credit to show up in May bills

2012-04-20 18:15:06

BGE's 1.1 million residential customers will get a nice surprise in their May bill: a $100 credit on their accounts. Baltimore Gas and Electric Co. announced Friday that most customers will receive the credit by the end of May. The ratepayer relief is...

Consolidation wave poised to hit state's health care services, biopharma sectors

2012-04-21 11:26:07

Like a one-two punch, two major Maryland employers in the health care service and pharmaceutical industries were the targets last week of multibillion-dollar acquisition deals. Both homegrown companies — Human Genome Sciences Inc. and Catalyst...

The Interview: Calvin Butler Jr.

2012-04-14 00:00:00

When the sale of Constellation Energy Group to Chicago-based Exelon Corp. was announced last April, Calvin G. Butler Jr. was in Baltimore, ready to build support and win over critics. Butler, 42, Exelon's senior vice president of corporate affairs,...

State energy regulators to decide on Constellation merger

2012-02-16 14:26:00

Maryland energy regulators are expected to issue a decision Friday on the proposed sale of Constellation Energy Group to Chicago-based Exelon Corp. The decision comes after the state Public Service Commission launched an exhaustive review of the $7.9...

Maryland PSC approves Constellation sale to Exelon

2012-02-17 17:11:10

Maryland regulators approved Constellation Energy Group's sale to Chicago-based Exelon Corp. on Friday, setting the stage for Baltimore to lose its last Fortune 500 company to an out-of-state owner. Exelon promptly accepted the terms imposed by the...

Constellation reports 4Q loss

2012-02-17 17:16:59

Constellation Energy Group, which is selling itself to Exelon Corp., reported a loss Friday in the fourth quarter, what is expected to be the energy giant's last earnings release as a publicly traded Baltimore company. Its earnings came out before the...

Baltimore real estate firm acquired by Pa. company

2012-02-24 09:34:00

Baltimore-based Yerman Witman Gaines & Conklin Realty said Friday that it has been acquired by a Pennsylvania residential real estate company for an undisclosed amount. The merger brings together Prudential Homesale Services Group's 950 real estate...

Matt Gilbert announced Monday that he has created a new real estate private equity firm called Green Door Capital. The company will focus on the acquisition of real estate with opportunistic returns based on higher-risk, non-credit tenants and industries, as well as vacant or ground-up developments.

2011-12-12 00:00:00

Stephen A. Landsman has joined the Chicago office of Greenberg Traurig LLP as a shareholder in the Corporate & Securities Practice. He has a highly regarded general corporate, business counseling and tax practice, with an emphasis on mergers and acquisitions.

2011-11-21 00:00:00

Clear Spring Volunteer Fire Company Chief Mike Reid

2011-10-31 16:55:19