Aqua America Inc announces acquisition of Honesdale Consolidated Water Company

Wed. October 01, 2008; Posted: 07:45 AM

Oct 01, 2008 (M2 EQUITYBITES via COMTEX) -- WTR | Quote | Chart | News | PowerRating -- Aqua America Inc (NYSE:WTR), a publicly traded water and wastewater utility holding company, said on 30 September that the company's Pennsylvania subsidiary has completed the acquisition of the Honesdale Consolidated Water Company for a purchase price of approximately USD6.7m.

Honesdale Consolidated Water Company reportedly serves around 6,000 people within portions of Honesdale Borough and Texas Township in Wayne County, Pennsylvania.

The office of Honesdale Consolidated Water Company in Honesdale Borough will be utilised as the operations headquarters for Aqua Pennsylvania's Northeast Pennsylvania Division, which servicescommunity water and wastewater systems throughout Pike, Wayne, Monroe and Lackawanna counties.

Comments on this story may be sent to admin@m2.com

For full details on Aqua America Inc (WTR) click here. Aqua America Inc (WTR) has Short Term PowerRatings of 5. Details on Aqua America Inc (WTR) Short Term PowerRatings is available at This Link.

More News: Market Updates | Stock Alerts | All Trading News | Stock Index

Archives

Feedback

Email Article Link

Close X

RELATED SITES

Please call 1-213-955-5858 ext. 1

All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.