Proxy Adviser to NRG Shareholders: Vote No

Well, things are certainly never dull in the drama that is Exelon's(EXC Quote) continued hostile attempts to wrest control of NRG Energy(NRG Quote).

According to Reuters, events turned sour for Exelon on Friday. A proxy advisory firm, Proxy Governance, recommended that NRG Energy shareholders turn down both a slate of directors endorsed by Exelon and an Exelon plan to expand the number of director slots. NRG Energy's shareholder meeting is set for July 21.

Earlier last week, the NRG Energy board turned down Exelon's most recent all-stock bid, which raised its offer to 0.545 shares for each NRG share. ...