Electricte

Just when it appeared that MidAmerican Energy Holdings Co.’s acquisition of Constellation Energy Group would be a smooth transaction, Electricte de France (EDF) International SA, the largest power producer in Europe, has offered to acquire Constellation Energy for $8.50/share more than what Berkshire Hathaway’s MidAmerican Energy has bid. But MidAmerican Energy did not see the rival bid as a setback.