#Exelon: Pulled ads prompt questions
The Pepco/Exelon merger is still on hold, but a move to pull advertising supporting the merger is prompting speculation from some the merger is a done deal.
But Exelon doesn’t see it that way – though Exelon paid for the ads.
“The decision to discontinue ads in Maryland and D.C. is completely unrelated to any anticipated action the Maryland PSC may or may not take in coming weeks with regard to the merger. The ads have run for several weeks, and we believe they have been effective in educating people about the benefits of the merger,” Exelon spokesperson Paul Adams said.
Since the Maryland Public Service Commission (PSC) finished hearings last week regarding the potential merger of Pepco Holdings and Exelon Corporation, the companies have been awaiting a final decision.