Cott Corporation (COT) Gains on Buying Aquaterra

Cott Corporation

shares moved higher 2.2% to $10.54, on entering into a definitive share purchase agreement to acquire Aquaterra, Canada's oldest and largest direct-to-consumer home and office water delivery business delivering water and coffee to homes and offices. The acquisition price is approximately $47 million, or 0.8x revenue for the 12 months ending June 30, 2015. Share volume was 27,000, compared to an all-day average of 136,000