Investor-owned regulated water and gas utility (NYSE: WTRG)
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Merger target in the pending American Water combination
American Water paid $315 million on June 1 for 47,000 customer connections that Nexus Water Group held across eight states. The deal closes one mid-size piece of a broader sell-off: small water systems shedding compliance-heavy assets to investor-owned utilities.
Updated 7 hours ago
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