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|View SJW Detailed Price Forecast - CNN Money||View SJW Detailed Summary - Google Finance|
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|View SJW Annual Report - CompanySpotlight.com||View SJW OTC Short Report - OTCShortReport.com|
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|View Historical Prices for SJW - The WSJ||View Performance/Total Return for SJW - Morningstar|
|View the Analyst Estimates for SJW - MarketWatch||View the Earnings History for SJW - CNBC|
|View the SJW Earnings - StockMarketWatch||View SJW Buy or Sell Recommendations - MacroAxis|
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San Jose, Calif. and Clinton, Conn., July 20, 2018--. Companies Moving Forward to Secure Required Approvals for Planned Close During Fourth Quarter 2018 Combined Company Will Be a Leading, Pure-Play Water ...
Connecticut Water Service Clarifies Mischaracterization of Eversource's Inferior Acquisition Proposal
Posted on Monday July 16, 2018
CLINTON, Conn., July 16, 2018 /PRNewswire/ -- Connecticut Water Service, Inc. (CTWS) today issued the following statement regarding recent mischaracterizations of Eversource Energy's (ES) July 2, 2018 acquisition proposal. To avoid any confusion regarding the terms of Eversource's revised acquisition proposal, Connecticut Water clarified that Eversource's proposal is not for $66.00 per share. Eversource has only made a less than 1 percent increase to $64.00 per share from its prior inadequate, below market proposal.
Connecticut Water rejects revised takeover offer from Eversource
Posted on Friday July 13, 2018
Connecticut Water Service Inc rejected a revised takeover offer from Eversource Energy, according to regulatory filings from both companies on Friday, insisting it would consider abandoning its planned merger with another utility only for a much higher offer. The episode is the latest in a contentious four-way water utility merger battle that emerged after Connecticut Water and SJW Group announced in March they planned to combine, with California Water Service Group also involved. Clinton-based Connecticut Water, which turned down a previous takeover proposal from Eversource Energy, said it had received a $64 per share offer on July 2, but its board unanimously rejected this as it was "inadequate and still undervalues" the company, given it was worth less than 1 percent more than the dismissed April deal.
SJW Group Clarifies Anticipated Regulatory Timeline to Complete Merger with Connecticut Water
Posted on Friday July 13, 2018
“We remain committed to our signed, definitive agreement to merge with Connecticut Water as the superior path forward for our stockholders and all of our constituents. “As previously stated, we will cooperate with the California Public Utilities Commission’s (“CPUC”) Order Instituting Investigation (“OII”), a fact-finding initiative by which the CPUC will determine whether the transaction is subject to its review, and if so, whether it is in the public interest, and its additional request to consider the ratemaking impacts of the proposed merger as part of San Jose Water Company’s current general rate case that was filed this past January and is scheduled to conclude this December. The CPUC has committed to completing the OII within the next five months, which keeps us on track to complete our proposed merger with Connecticut Water during the fourth quarter of 2018.