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Shareholders approve merger of American Water and Essential Utilities, which serve PA and NJ

Shareholders approve merger of American Water and Essential Utilities, which serve PA and NJ

Shareholders of Camden, New Jersey-based American Water Works and Bryn Mawr, Pennsylvania-based Essential Utilities, which owns the Aqua water and sewer companies, voted overwhelmingly Tuesday to merge and create a combined company with nearly $30 billion in yearly water and sewer sales. More than 99% of the 161 million American Water shares that were voted were cast in favor of the deal, the ...

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