Bloomberg News

American Water Pennsylvania Unit Closes Year With Two Purchases

January 02, 2013

American Water Works Co. (AWK:US) closed the year with two acquisitions by its Pennsylvania subsidiary, the biggest publicly traded water company in the U.S. said.

The $1.2 million of purchases in northeast Pennsylvania were for water assets that serve the Fernwood Resort in Monroe County and the All Seasons Water Co. in Pike County, the Voorhees, N.J.-based utility said in a statement. American Water shares have risen 22 percent over the past year.

To contact the reporter on this story: Randall Hackley in London at rhackley@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net


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Companies Mentioned

  • AWK
    (American Water Works Co Inc)
    • $48.76 USD
    • 0.05
    • 0.1%
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