Exelon Strikes Deal Worth $6.8 Billion To Acquire PepcoA major electric and gas utility announcement from Exelon Corporation---the parent company of BGE. Wednesday night, Exelon said it will buy Pepco and its subsidiaries, which provide electricity to hundreds of thousands on the Eastern Shore and in the Maryland suburbs around Washington DC.
Jos. A. Bank Buying Eddie Bauer In $825M DealJos. A. Bank Clothiers Inc. is buying the parent company of Eddie Bauer in a cash-and-stock deal valued at $825 million.
Amazon.com CEO Buys Washington Post; Promises Quality Journalism & Financial ViabilityThe Washington Post is its own lead story. The Post is being purchased for $250 million by Jeffrey Bezos, the founder and billionaire CEO of Amazon.com.
Univ. Of Md. Enters Ownership Negotiations With St. Joseph Medical CenterWJZ has learned the University of Maryland Medical System has entered into an exclusive agreement with St. Joseph Medical Center.
Gas Mileage Tops List Of Vehicle Purchase ReasonsCheck out the top five vehicle purchasing reasons. You may be surprised by what came in last.
Penn National Makes $11M Purchase Of Md. RacetrackPenn National Gaming Inc. has completed its acquisition of Rosecroft Raceway, which will allow the Prince George's County racetrack to emerge from bankruptcy.