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This time, Constellation takeover will go through

This time, Constellation takeover will go through

Sometime around May 2012, you will open your BGE statement and react with mild pleasure, perhaps, on seeing that your bill is reduced by $200 or so.

True, this might be considered a long shot. History has held out such rebates before and then yanked them away. But there are reasons to believe that this time households will pocket a payoff tied to the sale of Baltimore Gas & Electric Co. and parent Constellation Energy.

Which is to say that Exelon Corp.'s proposed $7.9 billion buyout of Constellation, announced last week, will go through.

Gov. Martin O'Malley, whose support is indirectly critical to the deal, seems to be getting along better with Constellation boss...