S&P Puts Green Mountain (GMCR) on CreditWatch Positive Following Coca-Cola Deal
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Coca-Cola (KO), Green Mountain (GMCR) Enter Long-Term Partnership for Keurig Cold System
February 5, 2014 4:29 PM ESTThe Coca-Cola Company (NYSE: KO) and Green Mountain Coffee Roasters, Inc. (GMCR) (NASDAQ: GMCR) announced today that the companies have signed a 10-year agreement to collaborate on the development and introduction of The Coca-Cola Companys global brand portfolio for use in GMCRs forthcoming Keurig Cold at-home beverage system. Under the global strategic agreement, GMCR and The Coca-Cola Company will cooperate to bring the Keurig Cold beverage system to consumers around the world. In an effort to align long-term interests, the companies also entered into a Common Stock Purchase Agreement... More
