AcquisitionsMay 27, 2026, 04:36 PM
Unitil Extends Acquisition Termination Date to June 30, 2026
AI Summary
Unitil Corporation has entered into Amendment No. 3 to its Purchase and Sale Agreement, further extending the termination date for its acquisition of Aquarion Water Company of Massachusetts, Inc., Aquarion Water Company of New Hampshire, Inc., and Abenaki Water Co., Inc. The new termination date is June 30, 2026, an extension from the previous May 25, 2026. This marks the third amendment to the original agreement, which was signed on May 6, 2025, indicating continued delays in closing the acquisition.
Key Highlights
- Unitil Corporation entered into Amendment No. 3 to Purchase and Sale Agreement on May 25, 2026.
- The amendment extends the termination date of the acquisition agreement to June 30, 2026.
- The previous termination date for the agreement was May 25, 2026.
- This is the third amendment to the original Purchase Agreement, dated May 6, 2025.
- The agreement is for Unitil to acquire Aquarion Water Company of Massachusetts, New Hampshire, and Abenaki Water Co.
Price Impact
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