Exelon Corp. (EXC), the largest operator
of U.S. nuclear power plants, is near agreement to buy
Constellation Energy Group Inc. (CEG) for about $7.7 billion, adding
stakes in five reactors in Maryland and New York, according to a
person with knowledge of the matter.

In the transaction under discussion, Constellation
shareholders would get 0.93 Exelon share for each of their
shares, said the person, who declined to be identified because
the talks are private. Based on Exelon’s closing stock price of
$41.49 yesterday, that would value Constellation at $38.59 a
share, a 12.5 percent premium to its closing price.

Only days after the launch of Touchpad, HP is said to be planning new versions for its WebOS tablet device.The PC giant is planning to lauch a 64GB white Touchpad in August, according to Precentral.net.The report adds that the white Touchpad will sport a 1.5GHz dual core
Qualcomm Snapdragon chip versus the current 1.2GHZ processor.In addition to a white variant, HP is expected to release a TouchPad that can connect to AT&T's HSPA+ network, and is expected to be marketed as a "4G" product.

The Touchpad currently comes only with Wi-Fi, costing $499.99 for a
16GB model and $599.99 for a 32GB model. But, the company said it will
be partnering with AT&T later this summer to launch a connected version of the tablet. read more »

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