American Water completes $21.75M acquisition

Camden-based American Water completed its $21.75 million acquisition of a water system outside Harrisburg, as the company continues to scoop up municipal water systems in the state.

American Water (NYSE: AWK) said its Pennsylvania subsidiary finalized the deal to buy the water assets of Steelton Borough, a town located about four miles southeast of Harrisburg, after first announcing the acquisition last fall.

The water system serves close to 2,400 customers and employs seven people, who will…

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