Constellation News Conference June 11

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Uploaded by on Jun 11, 2009

Constellation Energy Vice President Jim Connaughton explains why the Public Service Commission does not have the authority to review and approve the company's deal with Elecrticite de France. EDF is offering Constellation $4.5-billion for 49.99% of its nuclear business. The PSC ruled that it has the authority to approve this because it affects BGE customers. Constellation is appealing the decision.

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