Financial thoughts

Cott Corp. got the go-ahead from federal regulators for its planned acquisition of Cliffstar Corp.

The U.S. Department of Justice and Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act for the deal, Cott said in a statement.

Cott plans to buy Cliffstar in a deal valued at up to $569 million. The closing remains subject to receipt of financing and other conditions. The transaction is expected to close in the third quarter.

Cott (NYSE: COT) is a private label soft drink company with executive offices and a plant in Tampa.

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