Exelon corp have seen their bid of takeover rejected once more, this time, it was a total $7.16 billion only i guess.
NRG Chief Executive David Crane said on a conference call that Exelon's new bid represents only a modest increase that falls far short of the company's fair value. NRG's board said Exelon needs to raise its offer further if it wants to start merger talks.
"There is not a lot there to get you excited," Mr. Crane said.