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No new bidders, so Maine Water's parent proceeds with merger plans

Connecticut Water Service Inc., parent company of Maine Water Co., announced today that its merger plans with California-based SJW Group (NYSE: SJW) will proceed after its “go-shop” deadline passed with no new proposals or expressions of interest being submitted.
The Clinton, Conn.-based company (NASDAQ: CTWS) said in a news release today that its 45-day solicitation of proposals for an alternative merger, acquisition or other strategic ...

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