Printer Friendly
The Free Library
5,670,285 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

American Water Works Anticipates Completion of Acquisition.


Business Editors

VOORHEES, N.J.--(BUSINESS WIRE)--Jan. 9, 2003

American Water Works Company, Inc. (NYSE NYSE

See: New York Stock Exchange
:AWK (Aho Weinberger Kernighan) A Unix programming utility developed in 1977 by Alfred Aho, Peter Weinberger and Brian Kernighan. Due to its unique pattern-matching syntax, awk is often used in data retrieval and data transformation. ), announced today that it anticipates its acquisition by Thames Water, the water division of RWE RWE Rot-Weiss Essen (Germann football club)
RWE Ralph Waldo Emerson
RWE Rheinisch-Westfälische Elektrizitätswerke (German Power Supplier)
RWE Read Write Execute
RWE Right Wing Extremist
, to close before the opening of trading on the New York Stock Exchange New York Stock Exchange (NYSE)

World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City.
 on Friday, January 10, 2003.

A further announcement will follow the completion of the acquisition and until that time no additional comment will be made.

About American Water Works

American Water Works is the largest publicly traded US Corporation devoted exclusively to the business of water. Its 6,600 employees provide water, wastewater and other related services to 15 million people in 27 states and three Canadian provinces.

Forward looking statements in this report, including, without limitation, statements relating to the Company's plans, strategies, objectives, expectations, intentions and adequacy of resources, are made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of the U.S. Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995.

These forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements.

These factors include, among others, the following: the success of pending applications for rate increases, inability to obtain, or to meet conditions imposed for, regulatory approval of pending acquisitions, weather conditions that tend to extremes of temperature or duration; availability, terms and development of capital; business abilities and judgment of personnel; changes in, or the failure to comply with governmental regulations, particularly those affecting the environment and water quality; competition; success of operating initiatives, advertising and promotional efforts; existence of adverse publicity or litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute.

When a person begins a civil lawsuit, the person enters into a process called litigation.
; changes in business strategy or plans; quality of management; general economic and business conditions; the ability to satisfy the conditions to closing set forth in the definitive agreement; and other factors described in filings of the Company with the SEC.

The Company undertakes no obligation to publicly update or revise any forward looking statement, whether as a result of new information, future events or otherwise.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1USA
Date:Jan 9, 2003
Words:348
Previous Article:EPL Announces Three Additional Successful Wells and Discusses Development Programs and Production Volumes.
Next Article:Global Payment Technologies Announces Fiscal 2002 Fourth Quarter Conference Call on January 14, 2003.
Topics:



Related Articles
Union Carbide. (isophorone capacity increase)(Brief Article)
American Water Works shareholders approve increase in authorized stock.
American Water Works Company Announces Largest Water Utility Acquisition in U.S.
American Water Works Company Inks Largest Water Utility Acquisition in U.S.
American Water Works Company, Inc. to Acquire Several Water Utilities From United Water Resources Inc.
American Water Works Stockholders Give Resounding Approval to RWE AG Merger Agreement.
American Water Works' CEO Announces Plan to Retire.
APF engineers new $177m Fannie Mae DUS loan.(FINANCE)(American Property Financing)
$10 MILLION IN NEW BUDGET FOR PARKS PLAN MORE PUBLIC SAFETY FUNDS ALLOTTED.(News)
LAWSUIT FILED OVER NEW PARK MORE THAN $1 MILLION SOUGHT.(News)

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles