Highlights
A collection of news and information related to MidAmerican Energy Holdings Company published by this site and its partners.
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Millions may go to executives at CEG
Constellation Energy Group, which narrowly avoided bankruptcy last year, negotiated a deal with France's largest utility ensuring senior managers would receive up to $32 million in long-term performance and retention incentives during the next two years....Tags: Bankruptcy, Unemployment, CEO Pay, Constellation Energy Group, Companies and Corporations
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French firm seeks nuclear business of Constellation
French utility Electricite de France, rebuffed in its efforts to acquire Constellation Energy Group, is expected today to offer to buy 50 percent of Constellation's nuclear power business for nearly the same price that MidAmerican Energy Holdings Co....Tags: MidAmerican Energy Company, Annapolis, Executive Branch, Lawyers, Shareholders
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Constellation headquarters staying in Baltimore
Constellation Energy Group Inc. revived its future as an independent, Baltimore-based company yesterday, calling off its takeover agreement with billionaire investor Warren E. Buffett in favor of a $4.5 billion investment from France's largest utility....Tags: Stock Market, Moody's Corporation, Shareholders, NYSE, Companies and Corporations
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Advice is: Reject Buffett
A proxy advisory firm recommended yesterday that Baltimore's Constellation Energy Group shareholders reject the company's $4.7 billion pending sale to Warren Buffett, raising another doubt about the takeover amid reports that Constellation favors an offer...Tags: Constellation Energy Group, Companies and Corporations, Bankruptcy, Nuclear Power, T. Rowe Price Group Incorporated
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French firm won't bid again
Constellation Energy Group's largest shareholder, whose higher offer to acquire the Baltimore company was rebuffed for a proposed $4.7 billion deal with Warren Buffett, said yesterday that it will not submit another bid for the firm.
The announcement...Tags: Constellation Energy Group, Companies and Corporations, Leveraged Buyouts, Baltimore Gas and Electric Co., Corporate Officers
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CEG sells Houston gas subsidiary
Constellation Energy Group announced late yesterday that it sold a big piece of its commodities trading operations, once the biggest source of its growth but more recently the source of financial troubles that forced it to find a merger partner....Tags: Natural Gas, Goldman Sachs, Constellation Energy Group, Companies and Corporations, France
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CEG is reportedly nearing a deal with French firm
From Baltimore Sun staff and news servicesBaltimore's Constellation Energy Group Inc. is nearing an agreement to sell to Electricite de France SA half of its nuclear-power business for $4.5 billion and terminate a planned takeover of the entire company by Warren Buffett's MidAmerican Energy...Tags: Constellation Energy Group, Companies and Corporations, Bankruptcy, Baltimore Gas and Electric Co., Nuclear Power
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EDF chief briefs French panel on Constellation
The head of Electricite de France SA spoke to a parliamentary commission of France's National Assembly yesterday about its involvement with Constellation Energy Group. Pierre Gadonneix, the chief executive officer of EDF, confirmed the company has started...Tags: Constellation Energy Group, France, Warren Buffett
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CEG, MidAmerican file for deal approval
Baltimore's Constellation Energy Group and MidAmerican Energy Holdings Co. said yesterday that the two companies filed an application with the Federal Energy Regulatory Commission requesting approval of their proposed $4.7 billion deal. Warren Buffett's...Tags: Constellation Energy Group, Companies and Corporations, Antitrust Issues, Berkshire Hathaway Incorporated, Regulatory Policy and Organizations
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Under the microscope
Maryland's top energy regulator vowed a thorough review of the sale of Constellation Energy Group as state lawmakers grilled the company's executives about its management and the terms of a deal it struck to avoid a possible bankruptcy.
Douglas Nazarian,...Tags: Credit Ratings, Annapolis, U.S. Senate Committee on Finance, Des Moines (Polk, Iowa), Constellation Energy Group
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Constellation deal still on
Warren E. Buffett's MidAmerican Energy Holdings Co. said yesterday that it is moving forward with a planned $4.7 billion acquisition of Baltimore-based Constellation Energy Group after completing a review of the BGE parent's retail and wholesale...Tags: Stock Market, Contracts, Corporate Officers, Shareholders, Constellation Energy Group
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Constellation to lay off more than 800 workers
Constellation Energy Group Inc. will lay off as much as 8 percent of its work force, or more than 800 people, mostly from the commodities trading division that propelled the company to the brink of bankruptcy this year and forced it into a proposed...Tags: Stock Broking, Bankruptcy, Layoffs and Downsizing, Unemployment, Market and Exchange
Mar 19, 2009
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Dec 3, 2008
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Dec 18, 2008
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Oct 16, 2008
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Feb 4, 2009
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Dec 16, 2008
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Dec 11, 2008
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Oct 15, 2008
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Oct 30, 2008
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Oct 3, 2008
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Dec 4, 2008
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