Business news in brief

NATION

NRG shareholders to vote today on Exelon proposal

COLUMBUS — After a nine-month fight, Exelon’s $7.4 billion, all-stock bid to create the nation’s largest power generator by buying NRG Energy is coming to a head, maybe.

NRG shareholders today will vote on Exelon’s proposal to increase the size of NRG’s board and with it, a group that would be more open to a deal. NRG has rejected two previous offers.

NRG repeatedly has said a deal isn’t being ruled out, but that Exelon has to bring more to the table. Many industry experts agree.

Toyota evaluating options for Fremont, Calif., plant

WASHINGTON — Toyota’s top U.S. executive said Monday the company will make a decision “as quickly as possible” on the fate of its California joint-venture plant with General Motors as it evaluates the chaotic U.S. auto market.

Yoshi Inaba, president of Toyota Motor North America and chairman of Toyota Motor Sales USA, said the Japanese automaker was carefully evaluating its options for the Fremont, Calif., plant, called New United Motor Manufacturing Inc., and had not made any decisions about the future of its idled Blue Springs, Miss., plant.

Associated Press