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Stock impact report

Global Water Resources to Acquire Seven Water Systems from Tucson Water, Adding 2,200 Customer Connections

Global Water Resources, Inc. - common stock (GWRS) 
Last global water resources, inc. - common stock earnings: 3/4 06:40 pm Check Earnings Report
US:NASDAQ Investor Relations: gwresources.com/contact-investor-relations
Company Research Source: GlobeNewswire
PHOENIX, May 07, 2024 (GLOBE NEWSWIRE) -- Global Water Resources, Inc. (NASDAQ: GWRS), a pure-play water resource management company, has entered into an agreement to acquire seven water systems from the City of Tucson’s water utility. The systems are located in and around Pima County where they serve approximately 2,200 customers. Following their acquisition, they would be integrated with existing Global Water utilities in the area. The addition of the new systems will bring the total number of Global Water customers in Pima County to approximately 7,200, of which 5,000 were added from seven acquisitions completed in Pima County over the past four years. These utilities in Pima County comprise Global Water’s second largest service area after the City of Maricopa in terms of customer connections. The acquisition is anticipated to be completed early next year, subject to approval by the Arizona Corporation Commission. “This acquisition aligns well with our g Show less Read more
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