History
The company was first incorporated in 1909 as Southern California Edison Company after Southern California acquired the assets of Edison Electric Company; it was known as Southern California Edison until 1996 when it adopted its current name in recognition of its growing business abroad and in other industry sectors. Edison first became a holding company in 1988 when it made a small change to its original name, becoming known as SCEcorp.
In 2001 Edison's main holding, Southern California Edison faced bankruptcy after a state senate bill regarding financial assistance came up short (by $1 billion).
Read more about this topic: Edison International
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