date:May 14, 2014
That was fast. Four months after The Coca-Cola Co. announced plans to acquire a 10% stake in Keurig Green Mountain, Waterbury, Vt., for approximately $1.25 billion, company filings with the Securities and Exchange Commission show the beverage maker plans to increase its stake to 16%. Pursuant to the agreement the companies announced on Feb. 5, Coca-Cola had an option to increase its stake to 16%.
In a statement, The Coca-Cola Co. said the investment demonstrates its belief Keurig Green Mountain