American Water Expands with $315M Nexus Acquisition

American Water Works Company just splashed out $315 million to buy water and wastewater systems across eight states from Nexus Water Group. This move adds 47,000 new customer connections and brings 70 employees into the American Water family. The deal was sealed after getting all the necessary thumbs up from state and government bodies. What does it mean for you? If you're one of the new 47,000 customers, expect some mail soon with details about your shiny new water service. Plus, you'll get access to online account management and flexible payment options, so you can handle your water bills with ease.