Coca-Cola Drops $1.25B For Stake In Green Mountain Coffee

Law360, New York (February 5, 2014, 6:26 PM EST) -- The Coca-Cola Co. has agreed to take a $1.25 billion stake in Green Mountain Coffee Roasters Inc. as part of an effort to launch a new global brand portfolio for use in Green Mountain's upcoming Keurig Cold at-home beverage system, the companies announced Wednesday.

In connection with the 10-year agreement, Coca-Cola will take a 10 percent minority equity position in Green Mountain, purchasing 16.7 million newly issued shares, priced at $74.98 per share.

“This global relationship combines The Coca-Cola Co.'s unparalleled brand, distribution and marketing strengths...
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