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American Water subsidiary acquires system in Ill.

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Illinois American Water, a subsidiary of Voorhees-based American Water, announced Aug. 30 its acquisition of the water system of Grafton, Ill., in a $1.8 million deal.

According to American Water, the deal adds about 400 customers to its base in the region.

The acquisition was approved by the state of Illinois on Aug. 14, and closed Aug. 30, according to the announcement.

Write to the Editorial Department at editorial@njbiz.com

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