Mergers & Acquisitions
By The Online Investor Staff, updated Fri., Feb. 3, 11:28 AM
| This Slide: #24 of 100 |
Slide #24. Global Water Resources, Inc. — Farmers Water Co
Acquirer:
Global Water Resources, Inc. (NASDAQ:GWRS)
Acquiree:
Farmers Water Co
Details:
Global Water Resources, Inc. (NASDAQ:GWRS), (TSX:GWR.CA), a pure-play water resource management company, has completed the previously announced acquisition of Farmers Water Co., a subsidiary of Farmers Investment Co. (FICO) located in Pima County, Arizona.
Global Water Resources is a water resource management company that owns, operates, and manages water, wastewater, and recycled water utilities in communities, principally in metropolitan Phoenix, AZ. Co. treats water to potable standards and also treats, cleans, and recycles wastewater for a variety of non-potable uses. Co.'s utilities employ groundwater systems for potable water production. Water is brought to the surface from underground aquifers, disinfected and stored in tanks for distribution to customers. Recycled water is created by taking wastewater and applying tertiary treatment (such as screening and filtration and disinfection processes) to create a non-potable water source.
Open the GWRS Page at The Online Investor »
|
|||||||||||||||||||||
Open the GWRS Page at The Online Investor (in a new window) »
 Free GWRS Email Alerts:
Get SEC Filing Alerts Get Dividend Alerts 
|
Avg. Broker Rec.
|
Strong Buy (4.00 out of 4) 89th percentile
(ranked higher than approx. 89% of all stocks covered)
Analysts' Target Price: GWRS Stock Forecast Based on Zacks ABR data; powered by Xignite |
