Pennsylvania american reaches agreement to acquire appalachian utilities, inc.

Mechanicsburg, pa.--(business wire)---- $awk #consumerconfidencereport--pennsylvania american water announced today that an agreement has been reached for it to acquire appalachian utilities, inc. (appalachian). under the terms of the transaction, an affiliate of pennsylvania american water will merge with appalachian and, subsequently, appalachian will merge into pennsylvania american water. appalachian is a private, investor-owned system serving approximately 1,450 customers in avis borough, pine creek township, and dunnstable.
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