Key Takeaways New Jersey American Water acquires South Orange Village's water system for $19.7 million.The deal adds 5,000 new customers and includes a$50 million investment over 10 years.AWK completed six acquisitions and has 20 pending deals to add 40,650 more customers.American Water Works Company’s ((AWK) subsidiary, New Jersey American Water, has announced the acquisition of the water system of South Orange Village for $19.7 million. This acquisition will add 5,000 consumers to its existing customer b ...