SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of Primo Water Corporation (NYSE – PRMW)

BALA CYNWYD – June 18, 2024 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of Primo Water Corporation (“Primo Water” or the “Company”) (NYSE – PRMW) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the sale of the Company to an affiliate of BlueTriton Brands, Inc. (“BlueTriton”). Under the terms of the agreement, upon closing of the transaction, Primo Water shareholders and holders of incentive equity are expected to own 43% of the fully diluted shares of the combined company (“NewCo”), and BlueTriton shareholders are expected to own 57% of the fully diluted shares of NewCo.

The investigation concerns whether Primo Water Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether BlueTriton is paying fair value to shareholders of the Company.

If you own shares of Primo Water stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman by email at, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.