They would not be worth their salt if they had not factored that in--Its pretty old news and has been on the cards for a while(but they are pretty much covered anyway with the spread they were giving in SP.)
The market certainly has not really paid much attention to the Edison report so far.
This is more or less a 'recycled' announcement-(we all knew it was coming)
Its what they do with it that will count----The name of the game is still the same--getting that big Kahuna on board.