May 24, 2006

Coffee News: Green Mountain Coffee gets approval for acquisition

"Green Mountain Coffee Roasters Inc. has been given a green light by the Federal Trade Commission to buy single-cup brewing systems maker Keurig Inc.

Green Mountain Coffee earlier this month announced it would acquire the remaining shares of Keurig in a $104 million deal. It already owned 35 percent of Keurig, and said it would buy outstanding common shares for $99.5 million, as well as unvested options of Keurig workers for $4.8 million."

Full article here.

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Posted by Jennifer at May 24, 2006 5:44 PM
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