SouthWest Water Stockholders Approve Merger Agreement
07 8월 2010 - 5:34AM
Business Wire
SouthWest Water Company (Nasdaq:SWWC) today announced that at
its annual stockholders meeting held earlier today, the
stockholders voted in favor of the merger agreement dated as of
March 2, 2010, whereby institutional investors advised by J.P.
Morgan Asset Management and Water Asset Management, LLC have agreed
to acquire the company. The stockholders also elected all of the
nominees for director and ratified the selection of
PricewaterhouseCoopers LLP as the company’s independent public
accountants for the fiscal year ending December 31, 2010.
The company also announced that it received regulatory approval
from the state of Oklahoma for the proposed merger and that
California is now the sole remaining state approval needed.
About SouthWest Water
SouthWest Water Company provides a broad range of operations,
maintenance and management services, including water production,
treatment and distribution; wastewater collection and treatment;
customer service; and utility infrastructure construction
management. The company owns regulated public utilities and also
serves cities, utility districts and private companies under
contract. More than a million people in nine states depend on
SouthWest Water for high-quality, reliable service. Additional
information may be found on the company’s website:
www.swwc.com.
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