Exelon raises stakes in hostile bid for NRG, offering $8 billion

COLUMBUS, Ohio — Exelon Corp. on Thursday sweetened its hostile takeover bid for NRG Energy Inc. by 12 percent to $8 billion in stock, citing newly identified cost savings along with NRG’s recent deal for Reliant Energy’s Texas retail business.

Exelon continues NRG Energy acquisition effort by increasing all-stock offer to $8 billion

NEW YORK — Exelon Corp. said Thursday it raised its hostile takeover bid for rival NRG Energy Inc. to about $8 billion in stock, citing newly identified cost savings and NRG’s acquisition of Reliant Energy’s Texas retail business .