Exelon Deal for Constellation Thrusts Utilities, Nuclear ETFs in Spotlight
Posted on April 28, 2011 at 08:02 AM EDT
Exelon’s (NYSE: EXC) nearly $8 billion bid for Constellation Energy (NYSE: CEG) on Thursday could stoke action in exchange traded funds (ETFs) that follow utilities and nuclear-energy stocks. Exelon is the largest operator of U.S. nuclear power plants, and the deal would add stakes in five reactors...
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