8-KOther EventsExhibits & Filings

EXELON CORP 8-K Report, Corporate Update (Dec 6, 2011)

Filed December 6, 2011For Securities:EXC

Summary

Exelon Corporation (EXC) filed an 8-K on December 6, 2011, to report on developments regarding its proposed merger with Constellation Energy Group, Inc. (Constellation). The filing specifically details a joint submission by Exelon and Constellation to the Maryland Public Service Commission (MPSC) on December 5, 2011. This filing represents an increased commitment from both companies, offering an enhanced benefits package totaling over $445 million in investments for Maryland, as part of the ongoing merger review process by the MPSC. Investors should note that this 8-K primarily serves as an update on the regulatory approval process for the significant Exelon-Constellation merger. While no new financial results are presented, the filing emphasizes the companies' efforts to secure necessary approvals by increasing their proposed investments in Maryland. The document also includes extensive cautionary statements regarding forward-looking information and reiterates the importance of reviewing other SEC filings for comprehensive details on the merger's risks and potential impacts.

Key Highlights

  • 1Exelon and Constellation filed an updated brief with the Maryland Public Service Commission (MPSC) on December 5, 2011.
  • 2The filing increases the companies' commitments related to their proposed merger.
  • 3An enhanced package of benefits totaling over $445 million in investment for Maryland is offered.
  • 4This submission is part of the MPSC's review process for the proposed merger.
  • 5The 8-K includes extensive cautionary statements regarding forward-looking information related to the merger.
  • 6Investors are directed to other SEC filings for detailed risk factors and information about the merger.
  • 7Exhibit 99.1, a press release concerning the MPSC filing, is attached.

Frequently Asked Questions

The main purpose of this 8-K filing is to update investors on the progress of the proposed merger between Exelon Corporation and Constellation Energy Group, Inc., specifically concerning regulatory approvals. It details a new filing made with the Maryland Public Service Commission (MPSC) that increases the companies' commitments to Maryland.

Exelon and Constellation have increased their commitments and are offering an enhanced package of benefits totaling more than $445 million in investments for Maryland as part of the merger review process.

No, this 8-K filing does not include new financial results for Exelon. It is primarily an update on the regulatory aspect of the proposed merger with Constellation and refers investors to other filings for financial and risk information.

The filing directs investors to various SEC filings, including Exelon's and Constellation's 2010 Annual Reports (Form 10-K) and their respective Quarterly Reports (Form 10-Q) for the period ended September 30, 2011. Additionally, the definitive joint proxy statement/prospectus filed on Form S-4 contains important information about the proposed merger and associated risks.