Energy
American Water, Essential Utilities to Merge as U.S. Water and Wastewater Utility
American Water Works Company (NYSE: AWK) and Essential Utilities (NYSE: WTRG) announced an agreement to combine in an all-stock, tax-free merger as a regulated U.S. water and wastewater public utility with a pro forma market capitalization of approximately $40 billion and a combined enterprise value of approximately $63 billion, based on closing stock prices as […]