Primo Water Corporation (PRMW) and an affiliate of BlueTriton Brands, Inc. (BlueTriton) announced a definitive agreement to create a hydration company in an all-stock transaction.Upon completion of the transaction, shareholders of Prime Water and BlueTriton will own 43% and 57% of the fully diluted shares of the combined company.Subject to necessary approval, the transaction is expected to close during the first half of 2025 and will generate $200 million in synergies. Post merger, the combined company will ...