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Aqua America Closes Four Acquisitions in Three States; Illinois Subsidiary Acquires Another Municipal Water System.

Publication: Business Wire
Publication Date: 08-NOV-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BRYN MAWR, Pa. -- Aqua America, Inc. (NYSE:WTR) announced today that its subsidiaries recently purchased four water systems in three states - Illinois, North Carolina and Pennsylvania - to further expand its national footprint. The combined purchase price for the systems is approximately $550,000.

Aqua Illinois purchased the water system assets of the Village of Philo in Champaign County, representing another municipal acquisition for Aqua America. It is the company's second municipal acquisiton in Illinois in the past two years, following its purchase of the Grant Park...

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