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Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Primo Water Corporation (NASDAQ: PRMW) acted responsibly on behalf of investors’ profitability in the planned sale to Cott Corporation.
On January 13, 2020, Primo Water Corporation (NASDAQ: PRMW) and Cott Corporation announced that they had entered into a merger agreement. Under the terms of the merger agreement, shareholders of Primo will receive $5.04 in cash and 0.6549 shares of Cott or $14.00 in cash or 1.0229 shares of Cott for each share of Primo they own.
Based in Winston-Salem, North Carolina, and founded in 2004 Primo Water Corporation provides multi-gallon purified bottled water, self-service refill water, and water dispensers in the United States and Canada.
The investigation focuses on whether NASDAQ: PRMW investors received the highest price and whether the directors of Primo Water Corporation acted in the best interest of Primo Water Corporation company and its shareholders.
If you purchased Primo Water Corporation (NASDAQ: PRMW) prior to January 13, 2020, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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