August 11, 2015

Coke Loses $1 Billion on Keurig Green Mountain

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— Bloomberg News

Coca-Cola spent $2.4 billion between February 2014 and February 2015 building a 16% stake in Keurig Green Mountain Inc. That makes the 25.9 million shares of Keurig that Coke purchased are worth just under $1.4 billion after Keurig’s stock has plummeted in recent weeks.

Keurig needs its KOLD machine to be a hit or Keurig’s market cap will continue to fall. KOLD is due to hit shelves next month, and everyone's holding their breath to see if consumers will want it or it might be another VUE or Keurig 2.0.

Via WSJ

Read More in: Keurig & K-Cups

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Posted by Jay Brewer at August 11, 2015 7:52 AM
Recent Comments

The Kold will hit a very limited number of shelves when it launches; mostly online sales until next year.

Tom


Posted by: Thomas Davie at August 11, 2015 8:12 AM
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