AWK - American Water Works Subsidiary Pennsylvania American Water Strikes $8M Deal For Audubon | Benzinga
American Water Works Company Inc (NYSE: AWK) subsidiary, Pennsylvania American Water, has signed an agreement to acquire Audubon Water Company. The transaction values Audubon at approximately $8 million.
Under the deal, an affiliate of Pennsylvania American Water will merge with Audubon, and shareholders of Audubon Water will receive shares of AWK in exchange for all of the issued and outstanding shares of Audubon.
Audubon is a private, investor-owned system serving about ...