secwatch.observer — SEC 8-K summary
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Issuer:     ARTESIAN RESOURCES CORP (ARTNA)
CIK:        0000863110
Form:       8-K
Filed at:   2021-08-31T23:59:59+00:00
Accession:  0000863110-21-000032
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Artesian subsidiary to acquire Tidewater Environmental Services for $6.4M
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- Artesian Wastewater Management to acquire TESI from Middlesex Water for $6.4M cash and forgiveness of $2.1M intercompany note.
- TESI serves approximately 3,600 regulated wastewater customers in Sussex County, Delaware.
- Closing expected prior to December 31, 2021, subject to Delaware Public Service Commission approval.
- Acquisition expands Artesian's regulated wastewater footprint in Delaware.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/863110/000086311021000032/0000863110-21-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/863110/000086311021000032/8kfile.htm
  HTML page:      https://secwatch.observer/filing/0000863110-21-000032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer