m_and_a
confidence high
sentiment positive
materiality 0.75
Shareholders of American Water and Essential Utilities overwhelmingly approve merger proposals
American Water Works Company, Inc.
- 99% of American Water shares present voted for share issuance (160.4M for, 0.6M against).
- Nearly 95% of Essential Utilities shares voted in support of the merger.
- Merger expected to close by end of Q1 2027, pending HSR clearance and utility commission approvals.
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