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Pepco Holdings, Inc. Message Board

  • ficoguy ficoguy Mar 30, 2013 9:45 PM Flag

    Price Action - could a takeover be nnear at last?

    $ 25 would be the sale price - gotta get the same premium that Atlantic Electric got when it went to Conectiv and then when Conective webt to Pepco - thats the only time you get to $ 25

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    • Kinda makes you wonder why the price is still advancing, given the amount of debt POM has and the significant potential to cut their dividend going forward as a result. But, POM has been mentioned as possible for takeover before in years past. Problems are that they don't generate power anymore and DC is not a desirable market but is part of the package. The recent lack of approvals for rate increases don't bode well. Unless there is something to a potential takeover, I would be concerned at these share prices.

 
POM
27.00+0.06(+0.22%)Jul 1 4:05 PMEDT