U P D A T E
It appears prudent to sell now as CEG’s last quote is a dollar above the stipulated offer price.
T H E S I S
The public utility subsidiary of Berkshire Hathaway will acquire Constellation Energy Group for $26.50 in cash—18% higher than the last quote. A synopsis of the company’s operations can be found here: http://cosmos.bcst.yahoo.com/up/player/popup/?rn=289004&cl=9803508&src=finance&ch=4535474
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