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MIRANT'S REJECTION OF PEPCO ACCORDS REVIEWED BY COURT
Bloomberg News ^ | 5 May 2004

Posted on 05/06/2004 4:59:20 AM PDT by MeneMeneTekelUpharsin

Edited on 07/19/2004 2:14:01 PM PDT by Jim Robinson. [history]

Pepco Holdings Inc.'s bid to hold the bankrupt power provider Mirant Corp. to money-losing contracts drew skepticism from a panel of federal appellate judges, who questioned the need to preempt a bankruptcy court from deciding the question.


(Excerpt) Read more at quote.bloomberg.com ...


TOPICS: News/Current Events
KEYWORDS: bankruptcy; contracts; ferc; mirant; pepco
Short and sweet. May have been why the stock jumped some 11% yesterday. Pepco has also announced to customers that rates will rise July 1. Click for rate info.

Little by little...

1 posted on 05/06/2004 4:59:21 AM PDT by MeneMeneTekelUpharsin
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