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Citizens Utility Board urges state authority to reject merger of 2 water suppliers

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Author: Madhu Krishnamurthy

“A proposed merger between the parent companies of the state’s two biggest private water utilities — Illinois American Water and Aqua Illinois — would not serve the public interest, according to experts at the Citizens Utility Board…Bradley Cebulko, an expert on utility regulation with Current Energy Group, argued on behalf of CUB that the merging companies ‘have not provided sufficient evidence to demonstrate that the transaction is in the public interest.'”