E-mail this story
Constellation, FPL unveil $11.5 billion merger plan
After Mayo A. Shattuck III and Lewis Hay III began meeting last spring to discuss a merger of the power companies they lead, they described their talks as "Project NASCAR." Shattuck's Constellation Energy Group Inc. in Baltimore was code-named "Chevy" and Hay's FPL Group Inc. was "Ford."
By Paul Adams, Tricia Bishop and M. William Salganik
December 20, 2005
