Business Description
BIW Limited (AMEX: BIW) is the parent company of Birmingham Utilities, Inc., a regulated public water service company which collects and distributes water for domestic, commercial, and industrial uses and fire protection.
Background
BIW and The Connecticut Water Company entered into a merger transaction.
Solution
Carter Morse & Mathias was engaged to provide a fairness option on the merger to BIW’s board of directors.
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