---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-015384"
form_type: "8-K"
ticker: "WAT"
cik: "0001000697"
company_name: "WATERS CORP /DE/"
filed_at: "2026-01-16T23:59:59+00:00"
generated_at: "2026-05-16T09:42:18.440526+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Waters supplements merger proxy after two stockholder lawsuits alleging omissions

## Summary
- Two lawsuits filed in NY Supreme Court (Carroll, Clark) claim proxy omits material information; demand letters also received.
- Waters voluntarily adds multi-year financial projections (2025-2034) for standalone, advocacy, and SpinCo cases.
- Barclays DCF analysis values Waters standalone at $20.9B-$24.7B equity range ($348-$411/share) using 9%-10% discount rate.
- BDS Business enterprise value estimated at $16.8B-$19.7B standalone, $19.6B-$23.1B with synergies.
- Special meeting of Waters stockholders to vote on merger remains January 27, 2026; Board continues recommendation FOR.

## SEC filing metadata
- accession: 0001193125-26-015384
- form_type: 8-K
- ticker: WAT
- cik: 0001000697
- company_name: WATERS CORP /DE/
- filed_at: 2026-01-16T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1000697/000119312526015384/0001193125-26-015384-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1000697/000119312526015384/d81888d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-015384
- JSON: https://secwatch.observer/filing/0001193125-26-015384.json
- Plain text: https://secwatch.observer/filing/0001193125-26-015384.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.