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  "documentTitle": "Essential Utilities, Inc. (WTRG)",
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  "authorName": "Spruce Point Capital Management",
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      "text": "A prime example of the struggles facing WTRG’s ability to consummate transactions can be seen in the pending Willistown Township, PA transaction. Community activists have rallied to fight WTRG’s acquisition of the sewer system for $17.5 million. An appeal was made to an Administrative Law Judge who opined that, “Aqua failed to establish that the sewer system under Aqua’s ownership will affirmatively promote the service, accommodation, convenience, or safety of the public and the evidence did not establish that any benefit to be realized from the proposed transaction would outweigh the harms to current Aqua water and wastewater customers or existing Willistown sewer customers.”",
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      "text": "Aqua failed to establish that the sewer system under Aqua’s ownership will affirmatively promote the service, accommodation, convenience, or safety of the public and the evidence did not establish that any benefit to be realized from the proposed transaction would outweigh the harms to current Aqua water and wastewater customers or existing Willistown sewer customers.",
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      "text": "Aqua failed to establish that the sewer system under Aqua’s ownership will affirmatively promote the service, accommodation, convenience, or safety of the public and the evidence did not establish that any benefit to be realized from the proposed transaction would outweigh the harms to current Aqua water and wastewater customers or existing Willistown sewer customers. — Judge Jeffrey A. Watson",
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      "text": "Even A Judge Opined That WTRG’s Value Proposition Lacked A Net Benefit",
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