Exelon Loses Tax Dispute, Says Decision Won't Affect Earnings -Bloomberg
October 08 2013 - 07:21PM
Dow Jones News
The U.S. Court of Federal Claims ruled against Exelon Corp.
(EXC) in a tax dispute, ruling that the company can't use
decommissioning costs for three nuclear plants to generate tax
benefits, Bloomberg News reported Tuesday.
An Exelon spokesman said in a statement that "there is no
associated liability or impact to Exelon's earnings," and said the
company "will be evaluating the court's decision to determine
whether or not to pursue an appeal," Bloomberg reported.
Full story at
http://www.bloomberg.com/news/2013-10-08/exelon-loses-tax-suit-claiming-1-69-billion-in-costs.html
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