Illinois American Water, a subsidiary of American Water, announced it has completed the acquisition of the Village of Broadlands water system for $425,000. Illinois American Water’s petition to acquire the system was approved by the Illinois Commerce Commission on June 1. The newly acquired system adds approximately 155 water customers to the company’s eastern Illinois service area.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AWK:
- Soros boosts stake in Amazon, exits position in First Horizon
- American Water (AWK) Declares Q3 Dividend: Important Details for Shareholders
- American Water backs FY23 EPS $4.72-$4.82, consensus $4.78
- American Water reports Q2 EPS $1.44, consensus $1.31
- Pennsylvania American Water to buy Greene County water system
