Analysts Anxious About Baltimore-Based Constellation Energy's Deal with French Utility Firm

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Constellation Energy Group Inc. took heat from analysts Friday not on its earnings, but for the company's pending deal with a French utility firm.

During a conference call on the Baltimore energy firm's second- quarter earnings, analysts questioned where Constellation stands on its $4.5 billion deal with Electricite de France. The deal has hit several hurdles, including a review by state regulators, punctuated by demands from the state for a settlement that might eliminate the need for the review.

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Analysts Anxious About Baltimore-Based Constellation Energy's Deal with French Utility Firm

On the conference call, analyst David Frank with Catapult Capital in New York called the state "the People's Republic of Maryland" and analyst Angie Storozynski wit...

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