My apologies here .As GMD fact check points out I do not know my  NRG(NRG Incorporated ) from ENT(Entergy) and jumped foolishly to some very mistaken conclusions here .I intend to put much greater stock in fact checking and patience in the future ….BP

According to reports the deal making is heating up in the nuclear sector as Chicago based Exelon upped it hostile take over bid for Entergy .However Wednesday Entergy rejected the $8billion stock bid from the hostile suitor ,but also said “it is still open to any proposal that properly accounts for its fundamental value and extraordinary growth prospects.”

A hostile takeover allows a suitor to bypass a target company’s management .I didn’t even know Entergy was dating. I must read all the wrong Vermont papers to have just discovered all this by accident or maybe it just isn’t a big game changer .It certainly sounds newsworthy.

Exelon Corp  said it plans to hold a conference call on Thursday morning to discuss its hostile takeover bid for independent power producer NRG Energy Inc Exelon, the largest nuclear power company in the United States, in October offered 0.485 of one of its shares for every NRG share. It has nominated a slate of directors to stand for election at NRG’s annual meeting………..

But the bid has become the subject of much speculation as NRG’s stock price has risen above Exelon’s offer price. Analysts have suggested that this means that Exelon would have to materially raise its bid to win NRG shareholder support.

Several arbitrageurs — investors who speculate on companies involved in ongoing deals — suggested that Exelon might simply try to talk NRG’s share price down or its own share price up. But another did say that it would be unusual for the company to hold an event if it did not plan to change its bid.

Naturally this raises a ton of questions about how the deal will effect Vermont Yankee and its pending license extension. Who might get custody of poor little debt ridden potential spin-off Enexus? An Exelon Entergy mash-up would create a most formidable corporate foe for the state to deal with on the regulatory level. Another question that springs to mind is has this on-going threat of a hostile takeover already been a factor.

http://www.chicagotribune.com/…

http://www.bloggingstocks.com/…

http://www.reuters.com/article…