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Updated Exelon-Pepco Deal Offer Not Good Enough, GSA Says

By Adam Sege (March 21, 2016, 8:14 PM EDT) -- The General Services Administration has urged a Washington, D.C., city commission to reject the latest offer from Exelon Corp. and Pepco Holdings Inc. as the two companies seek merger approval, saying that the companies did not comply with filing requirements laid out by the agency in February....

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