New York regulators have approved Exelon Corp.'s merger with Baltimore-based Constellation Energy Group Inc., which operates three nuclear power plants on Lake Ontario in upstate New York.The state Public Service Commission said Thursday that it has ended its eight-month review of Exelon's purchase
Officials for two Chicago area hospital systems say they've signed an agreement to merge, paving the way to create Illinois' largest Catholic-owned health care system. The deal between Chicago-based Resurrection Health Care and Provena Health in Mokena was announced Tuesday and follows months o
Chicago-based Exelon Corp. agreed to buy Constellation Energy Group Inc. in a $7.9 billion stock deal Thursday, the latest in a string of acquisitions in the electric power industry.Three times since 2003 Exelon CEO John Rowe has tried and failed to acquire a smaller rival.
Chicago customers of T-Mobile, like Jovan and Arthur Spence, are digesting the news that AT&T plans to swallow up their cell-phone provider. The Spences were heading into a T-Mobile shop in downtown Chicago earlier today. They said they’re not happy about becoming customers of AT&T.