Persistence

Reports: EDF-Constellation Deal Could Happen This Week

It might be that persistence pays even when one’s rival is Warren Buffett’s MidAmerican Energy Holdings Co. News reports Tuesday said a deal for Electricite de France SA (EDF) to acquire half of the nuclear power business of troubled Constellation Energy Group Inc. is close at hand, potentially scotching MidAmerican’s signed agreement to take over the company.

December 17, 2008