Pepco Holdings Inc.


NEW YORK, April 30, 2014 /PRNewswire/ — Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of Pepco Holdings Inc. (NYSE: POM) on behalf of its shareholders. Exelon Corporation (NYSE: EXC) and Pepco announced that they have signed a merger agreement under which Exelon will acquire all the outstanding common stock of Pepco for $27.25 per share in cash.

The investigation concerns whether the senior management and board of directors of Pepco breached their fiduciary duties to shareholders by not engaging in a full and fair process and auction to insure that its shareholders received the maximum value for their shares while not obtaining personal benefits for their own in self-interests not being shared with other shareholders.

If you would like additional information as to how this acquisition of Pepco affects your rights as a shareholder, please contact us