Md. OKs $4.5B Nuke Deal, But Companies May Balk

Law360, New York (October 30, 2009, 3:58 PM EDT) -- Maryland regulators cleared the way Friday for a $4.5 billion proposed deal under which power giant Electricite de France International SA will snap up 49.99 percent of Constellation Energy Group Inc.'s nuclear power assets, but the companies were circumspect as to whether they would pull the trigger given new conditions imposed on the deal.

The ruling by the Maryland Public Service Commission marked the clearing of the final major regulatory hurdle and rejected challenges that had kept the companies on tenterhooks for months.

But conditions the...
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