Constellation Energy Group gets $1 bln in cash
Sep.22, 2008 in
Market Outlook
NEW YORK (MarketWatch) — Constellation Energy Group (CEG) CEO Mayo A. Shattuck said the company is receiving $1 billion in cash on Monday as part of its upcoming sale to Berkshire Hathaway’s MidAmerican Energy Holdings. In a conference call, Shattuck said the demise of Lehman Brothers led to speculation about his company’s financial health, despite [...]



