February 17, 2010
At a glance General Growth Properties •Owns or manages more than 200 regional malls in 43 states •Owns planned community developments and commercial office buildings •Portfolio totals about 200 million square feet of retail space with more than 24,000 stores nationwide. •Headquartered in Chicago •Tuesday closing stock price $12.02 per share, up nearly 28 percent, on over-the-counter Pink OTC Markets Inc. Simon Property Group •Largest public real estate company in the U.S. •Owns or has an interest in 382 properties including regional malls, outlet centers, The Mills centers, community/lifestyle centers and international properties •Owns or has interest in 261 million square feet of space.
February 6, 2012
The state's consumer advocate on utility matters continues to push for additional concessions to make the Constellation-Exelon merger more palatable to consumers. The Maryland Office of People's Counsel said in a brief filed Monday that the two energy giants have not demonstrated that the proposed $7.9 billion merger is in the public's interest and would not harm customers of Baltimore Gas and Electric, Constellation's regulated utility. The People's Counsel also said the companies' settlement with Gov. Martin O'Malley and the state did not allay its concerns.
November 23, 2011
The Illinois Attorney General's Office has renewed its request to federal energy regulators for a hearing on Constellation Energy Group's plan to sell itself to Chicago-based Exelon Corp. In a brief filed Tuesday, Attorney General Lisa Madigan said the $7.9 billion deal would raise rates for customers of Exelon's ComEd utility, citing testimony by the company's executives during regulatory hearings before the Maryland Public Service Commission. The Illinois attorney general's office is among several groups that have objected to the deal on the grounds that the combined company would have two much control of electricity prices on the grid that serves much of the mid-Atlantic region.
September 28, 2011
Marylanders may comment on the merger between Constellation Energy Group and Chicago-based Exelon Corp. at hearings scheduled in Bel Air, Baltimore and Annapolis. The Maryland Public Service Commission will entertain public comment at hearings in the Rotunda of Town Hall of Bel Air on Nov. 29, the Wohlman Assembly Hall of the War Memorial Building in Baltimore on Dec. 1 and the Joint Committee Hearing Room of the Department of Legislative Services Building in Annapolis on Dec. 5. All the hearings are scheduled to begin at 7 p.m. Residents may also send written comments to the commissioners by Dec. 9. Signed comments should be addressed to David J. Collins, Executive Secretary, Maryland Public Service Commission, William Donald Schaefer Tower, 6 St. Paul St., 16th Floor, Baltimore 21202.
June 10, 2010
Maryland Interscholastic Athletic Association officials have opted not to pursue a merger with the Washington Catholic Athletic Conference that would have created an exceptionally strong football conference including the top private and parochial school programs in the Baltimore-Washington area. Rick Diggs, executive director of the MIAA, said Thursday morning that the decision was made during the annual MIAA athletic directors' three-day workshop. "We just decided at our meeting yesterday that we're not going to pursue the merger any longer," Diggs said.
March 1, 2006
An uneducated consumer is a utility company's greatest asset. Given that, Maryland customers of Baltimore Gas and Electric Co. should pay very close attention to a series of obscure hearings that quietly kicked off yesterday in Baltimore. And - so that consumers can get fully educated - the schedule for these hearings ought to proceed at a much slower pace than planned right now. The hearings - before the state Public Service Commission - will probe plans of BGE's parent company, Constellation Energy, to merge with the Florida Power and Light Group.