BUZZ-Cott Corp: Offering priced at discount

Wed May 27, 2015 11:36am EDT
 
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** Canadian beverage maker's shares down 2.8 pct at C$11.60; U.S.-listed shares down 3 pct at $9.30

** About 1.1 mln shares traded on the NYSE by 11:30 a.m. ET, more than 11 times the stock's 25-day moving average

** Offering of 14 mln shares priced at $9.25 per share, 3.5 pct discount to stock's Tuesday close

** Offering represents nearly 15 pct of company's outstanding shares as of May 13

** Up to Tuesday's close, stock had risen 39 pct this year