American Water Works' (AWK) arm, Pennsylvania American Water, continues to expand operations through acquisitions and is making essential investments to upgrade acquired assets.
ST. LOUIS, Mo., September 22, 2023--More than $55,000 is being awarded to Missouri fire departments and emergency response organizations through Missouri American Water’s 2023 Firefighter Grant Program. The annual program provides supplemental funding for critical equipment, training, and community education. About 250 grants have been awarded since the program began in 2016.
MECHANICSBURG, Pa., September 22, 2023--Pennsylvania American Water announced today that an agreement has been reached for it to acquire Audubon Water Company (Audubon). Under the terms of the transaction, an affiliate of Pennsylvania American Water will merge with Audubon, with shareholders of Audubon Water receiving shares of AWK common stock in exchange for all of the issued and outstanding shares of Audubon, and subsequently, Audubon will merge into Pennsylvania American Water. The transacti