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Posted On: 04/12/2018 6:38:47 AM
Post# of 103413
$AWK American Water Works (AWK) agrees to acquire Pivotal Home Solutions from Southern Co. (NYSE:SO) for $365M in cash, including estimated working capital.
Pivotal Home Solutions is a home warranty business operating in 18 states with ~1.2M customer contracts.
To help fund the deal, AWK says it has commenced an offering of 2.32M common shares.
Pivotal Home Solutions is a home warranty business operating in 18 states with ~1.2M customer contracts.
To help fund the deal, AWK says it has commenced an offering of 2.32M common shares.
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