Summary
American Water Works Company, Inc. (AWK) announced on July 9, 2015, that it has entered into an agreement to acquire Keystone Clearwater Solutions, LLC from Rex Energy Corporation. This acquisition represents a strategic move for American Water, expanding its capabilities and geographic reach within the water and wastewater services sector. Investors should note that this filing is primarily a Regulation FD disclosure, attaching a press release detailing the acquisition. While specific financial terms of the deal were not disclosed in the 8-K itself, the acquisition signals potential growth and integration opportunities for American Water. Further details regarding the transaction's impact on AWK's financials and operations would likely be found in subsequent filings or the referenced press release.
Key Highlights
- 1American Water Works Company, Inc. (AWK) is acquiring Keystone Clearwater Solutions, LLC.
- 2The acquisition is from Rex Energy Corporation.
- 3The announcement was made via a press release on July 9, 2015, filed under Regulation FD.
- 4Keystone Clearwater Solutions likely operates in the water and wastewater services sector.
- 5This filing primarily serves to disclose the agreement to acquire.
- 6The 8-K references an attached press release (Exhibit 99.1) for further details.
- 7No specific financial terms of the acquisition are detailed within the 8-K itself.