Water utility Aqua America (WTR +0.2%) offers to sell all its Florida operations to the Florida...

|About: Aqua America, Inc. (WTR)|By:, SA News Editor

Water utility Aqua America (WTR +0.2%) offers to sell all its Florida operations to the Florida Governmental Utility Authority for $95M in a move that furthers WTR's efforts to control operating costs. If a sale is completed, WTR's regulated operations will be concentrated in eight states scattered across the U.S. serving nearly 3M residents.