Close the acquisition of the Butler Area Sewer Authority wastewater system in Pennsylvania
Delivered after the deadline (303 days after the deadline)
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 1 Nov 2023
- Due
- 31 Dec 2023
- Delivered
- 29 Oct 2024
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Expected to close by the end of 2023, pending regulatory approval.”
What we found
Evidence strength A What the grades mean
The acquisition closed on October 29, 2024, about ten months after the end-2023 deadline. Filings through mid-2024 still described closing as pending final regulatory approval.
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A American Water Works 10-K filed 2024-02-14
“On November 9, 2023, the Pennsylvania Public Utility Commission (the “PaPUC”) approved a settlement agreement without modification” ✓ confirmed on the page
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A American Water Works 10-Q filed 2024-07-31
“The Company expects to close this acquisition upon final regulatory approval.” ✓ confirmed on the page
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A American Water Works 10-Q filed 2024-10-30
“On October 29, 2024, the Pennsylvania subsidiary acquired the System Assets from the Butler Area Sewer Authority for a purchase price of $230 million, in cash.” ✓ confirmed on the page
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A American Water Works 10-Q filed 2024-10-30
“On September 26, 2024, the Pennsylvania Commonwealth Court issued an order dismissing the appeals of Center Township and Summit Township” ✓ confirmed on the page
Market reaction: the shares moved +4.2% against the S&P 500 over the three sessions around the disclosure (30 Jul 2024 to 2 Aug 2024). What this measures
Checked 15 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- Butler Area Sewer Authority, PA Wastewater acquisition
- Where
- Pennsylvania
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Low
- Specificity
- Medium
- Conditional
- Yes: pending regulatory approval
- Depends on
- Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesGemini (Google) re-read the evidence blind and read it as “Not met”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the recorded outcome.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2023-AWK-010675 · Corrections policy