MILWAUKEE, Jan. 13, 2020 /PRNewswire/ -- Ademi &
O'Reilly, LLP is investigating Primo
Water (Nasdaq: PRMW) for possible breaches of fiduciary
duty and other violations of the law in connection with the sale of
Cott.
Click here to learn how to join the action:
http://ademilaw.com/case/primo-water-corporation or call
Guri Ademi toll-free at
866-264-3995. There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges Primo
Water's financial outlook is improving and yet shareholders
will receive only the equivalent of $14 for each share of Primo Water, in a transaction valued at
approximately $775 million. The
merger agreement unreasonably limits competing bids for
Primo Water by prohibiting
solicitation of further bids, and imposing a termination penalty if
Primo Water accepts a superior bid.
Primo Water insiders will receive
millions of dollars as part of change of control arrangements. We
are investigating the conduct of Primo
Water's board of directors, and whether they are (i)
fulfilling their fiduciary duties to all shareholders, and (ii)
obtaining a fair and reasonable price for Primo Water.
If you own common stock in Primo
Water and wish to obtain additional information, please
contact Guri Ademi either at
gademi@ademilaw.com or toll-free: 866-264-3995, or
http://ademilaw.com/case/primo-water-corporation.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP