Exelon is still in the takeover hunt,...

Exelon is still in the takeover hunt, CEO John Rowe says

There are 4 comments on the Chicago Tribune story from Jul 30, 2009, titled Exelon is still in the takeover hunt, CEO John Rowe says. In it, Chicago Tribune reports that:

Coming up empty in three consecutive buyout attempts won't stop John Rowe from trying again, the Exelon Corp.

Join the discussion below, or Read more at Chicago Tribune.

Mr Vic Malinowski

Chicago, IL

#1 Jul 31, 2009
Exelon should buy Nicor Gas that way they could combine Gas/Electric outside of Chicago for the northern half of Illinois. Nicor has been running in "buyout" mode for years especially with a lawyer as a CEO. he is just waiting for his golden parachute.
mysticmoods

Litchfield Park, AZ

#2 Jul 31, 2009
Exelon's business model calls for dismantling much of the in-house technical resources of its acquisitions, and relying instead on centralized or external engineering and technical service providers. This initially reduces the headcount and O&M costs, but also reduces the in-house expertise at each plant site. Not so good in the long run.
spell check

Conshohocken, PA

#3 Jul 31, 2009
NRG declined the buyout from Exelon because Exelon favors outdated BWR technology. NRG has a fleet of PWR and is about 20 years ahead of Exelon with 1970's technology.

If the hippies in the US government would take their heads out of their asses and allow new nuclear plants we could move into the 1990s technologically and almost instantaneous solve our energy problems.

Any cost savings Exelon can drum up through a merger will be good for the Nuclear Industry.
mysticmoods wrote:
Exelon's business model calls for dismantling much of the in-house technical resources of its acquisitions, and relying instead on centralized or external engineering and technical service providers. This initially reduces the headcount and O&M costs, but also reduces the in-house expertise at each plant site. Not so good in the long run.
Former ComEd Guy

Green Bay, WI

#4 Aug 1, 2009
Mr. Rowe,
you are about to lay off another 500 "pitiful" employees...you, sir, have failed 3 consecutive times. Time for you to go.

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