Keurig Will Be Acquired by JAB-Led Group for $13.9 Billion

December 7, 2015 1:07 PM

46 0

Keurig Green Mountain Inc. will be acquired by a JAB Holding Co.-led investor group for about $13.9 billion in cash, bringing a massive windfall to shareholders after a year of watching the stock get battered.

Keurig, a maker of single-serve coffee brewers, will be privately owned and independently operated following the buyout, according to a statement Monday. The purchase price of $92 a share is 78 percent higher than the company’s closing price on Friday. The premium is the largest in beverage-industry...

Also read: Disney raises its bid for Fox to $71 billion

Read more

To category page