Mountain Valley Spring, which bottles natural spring water and manufacturers plastic bottles, withdrew its plans for an initial public offering on Tuesday. The Hot Springs National Park, AR-based company was founded in 1871 and booked $25 million in sales for the fiscal year ended December 31, 2011. The company originally filed to raise $23 million in December 2011, and its last amendment was in March 2012. Mountain Valley Spring had planned to list on the NASDAQ under the symbol WATR. Rodman & Renshaw was set to be the bookrunner on the deal.
