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American States Water Agrees to Acquire California’s Rural Water

American States Water Co., a California-based water and power provider, agreed to buy Rural Water Co.

Rural Water Co. serves about 940 customers in Arroyo Grande, California, in San Luis Obispo County, according to a filing today.

Terms of the purchase by American’s Golden State Water unit weren’t disclosed.

To contact the reporter on this story: Justin Doom in New York at jdoom1@bloomberg.net

To contact the editor responsible for this story: Randall Hackley at rhackley@bloomberg.net

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