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Stock price may push Shattuck to sell Constellation to Exelon
Stock price may push Shattuck to sell Constellation to Exelon

Few things inspire financial journalists, stock analysts and investment bankers like rumors about corporate mergers and acquisitions. M&A action creates drama for the writers, bonuses for prescient analysts and huge fees for the bankers. So perhaps it's no shock that since December there has been background buzz about a possible takeover of Baltimore-based Constellation Energy Group by Chicago-based Exelon Corp. Energy shares are making a comeback. Constellation stock is missing the party. And it has been ages — what, four months? — since we in the media raised the blood pressure of the Constellation public relations folks. Somebody tipped me off in January...

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