Why did PSEG and Exelon decide to merge?
This merger is highly strategic and financially attractive. It allows two major energy companies to combine talents and assets to create a premier energy company with results and capabilities that neither could achieve on its own. Both companies share a belief in the benefits to shareholders and customers of increasing their scale and scope in the current regulatory and economic climate. Specific benefits include regulatory and geographic risk diversification as well as traditional merger synergies. The companies also have complementary strengths in nuclear operations (Exelon) and first quartile utility operations (PSEG)that are the foundation upon which the combination benefits are based. It is our shared belief that this combination can result in the best electric and gas utility system in the United States. It is this goal that drove our companies to merge now. In general, why is the merger of Exelon and PSEG good for employees? The combination of our two firms will create the natio
