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SJW Group's merger with Maine Water Co.'s parent is now an all-cash deal

SJW Group (NYSE: SJW) and Connecticut Water Service, Inc. (NASDAQ: CTWS) (“Connecticut Water”) today announced that they have amended the terms of their previously announced merger agreement from a stock-for-stock transaction to an all-cash acquisition.
Under the revised merger agreement, SJW Group is offering $70 per common share of Connecticut Water, which is the parent company of Maine Water Co.
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