Primo Water And BlueTriton Brands Announce The Expiration Of The HSR Waiting Period For Their All-Stock Merger, Moving The Expected Transaction Closure To The End Of 2024, Pending Shareholder, Regulatory, And Court Approvals
Portfolio Pulse from Benzinga Newsdesk
Primo Water Corporation and BlueTriton Brands have announced the expiration of the HSR waiting period for their all-stock merger. The transaction is expected to close by the end of 2024, pending shareholder, regulatory, and court approvals.
September 05, 2024 | 5:28 pm
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Primo Water's merger with BlueTriton Brands has cleared a significant regulatory hurdle with the expiration of the HSR waiting period. The merger is expected to close by the end of 2024, pending further approvals.
The expiration of the HSR waiting period is a key step in the merger process, indicating progress towards completion. This news is likely to be viewed positively by investors as it reduces regulatory uncertainty. However, the merger still requires shareholder, regulatory, and court approvals, which introduces some risk.
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