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Byline: Kimberly Pohl Daily Herald Business Writer Exelon Nuclear is keeping its headquarters at the Cornerstone at Cantera II building in Warrenville. The company, a division of $15 billion Exelon Corp., recently signed a 10-year lease extension for the 146,000-square-foot building it fully occupies at 4300 Winfield Road.
Apparently weary of its long dance with New Jersey regulators, Exelon Corp. Wednesday said that it could scrap the largest utility merger in U.S. history.
In a public filing, Exelon said that completion of its $18.6 billion purchase of Newark-based Public Service Enterprise Group is “no longer ‘more likely than not’ ” based on the status of settlement discussions before the New Jersey Board of Public Utilities.
The filing said that Exelon would take an after-tax charge of $35 million in the third quarter to write off costs associated with the merger.
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