Cott's

Cott said the purchase price is expected to be funded by a combination of new debt of up to $375 million, new common equity issuance of up to $95 million, and incremental borrowings under Cott's asset-based lending facility of $75 million

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Cott's tapes had remained in his closet for three decades until he recently came across the two cassette tapes marked, "John Lennon, December 5th, 1980."

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Also, in January, major customer Wal-Mart Stores Inc. announced that it was phasing out its exclusive supply agreement in the U.S. with Cott, news that sent Cott's stock tumbling.

Cott Posts Narrower Loss 2009

"While conversations with Wal-Mart are ongoing, and the impact on Cott's business is unclear at this time, the effect of this action is to phase out the exclusive nature of the relationship with Cott as the supplier of retailer brand carbonated soft drinks in the United States," Cott said.

Cott Says Wal-Mart Will End 2009

But we must also note Nancy F. Cott's caution that "not all women's activities in the political arena — not even all activities undertaken by women who claim to have 'women's interests' ... at heart — are, by that token, feminist."

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Cott's president and chief executive, responded that "more than 90% of the customers we know ... are planning to increase shelf space on private label, are planning to increase promotions on private-label beverages" and make other moves to boost private-label drink sales.

Cott's Shares Go Flat 2008

The news also led Standard & Poor's to impose a "CreditWatch with negative implications" on Cott's debt rating.

Cott's Shares Go Flat 2008

Cott's Wal-Mart business represents about 38% of its revenue.

Cott's Shares Go Flat 2008

Cott conceded that the Wal-Mart move "would be significant to Cott's business plans," but added that it is still "actively negotiating" with Wal-Mart.

Cott's Shares Go Flat 2008

Cott's sales have also been hurt by its price increases over the past year to cover its rising costs.

Cott's Shares Go Flat 2008