NEW YORK / JINOTEGA, NICARAGUA (Reuters) - Brimming with shade trees and bounded by the Tuma river, the lower climes of Roger Castellon's farm in Nicaragua's mountainous Jinotega department were long ideal for growing coffee.
Keurig Green Mountain made its name for making coffee at home using pods that it brews with hot water. But the Keurig Kold can do the same for cold beverages. I tried it out at the 2016 International CES, the big tech trade show in Las Vegas last week. Now the machine can make Rita’s […]
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By Rick Peyser, Lutheran World Relief Just over a year ago, I left Keurig Green Mountain after almost 27 years, and weeks later accepted a new role with Lutheran World Relief - Senior Relationship Manager, Coffee & Cocoa. In this role...Show More Summary
By Anjali Athavaley NEW YORK (Reuters) - Taking coffee maker Keurig Green Mountain Inc private will give JAB Holding Co an opportunity to press for higher margins and even increase prices for the single-serve K-Cups used in about 21 million U.S. Show More Summary
Keurig Green Mountain, which makes the Keurig coffee brewers and single-brew K-cups, recently got acquired by JAB Group for $92 a share, a deal which values the company at $13.9 billion. Shares of Keurig closed last week at $51.70 per...Show More Summary
Europe’s JAB Holding Co. is leading a funding round to acquire a majority stake in K-Cup maker Keurig Green Mountain Inc. for $13.9 billion. The deal would give the group a 60% share of North America’s single-serve coffee market. The...Show More Summary
The investor group that runs the biggest pure-play coffee company in the world just extended its reach. JAB Holdings and its partners are spending $13.9 billion to buy home-brewing coffee company Keurig Green Mountain. JAB chairman Bart...Show More Summary
JAB Holding, which is the majority owner of Peet's Coffee and Caribou Coffee, just added K-Cup maker Keurig to its portfolio. Keurig Green Mountain, the company behind the K-Cup single-serve coffee cartridges, was acquired for $13.9 billion by a group of outside investors. Show More Summary
It is not a good day to be shorting Keurig Green Mountain (GMCR). The maker of single-serve coffee machines is getting bought out by JAB Holdings for $13.9 billion, or roughly $92 a share, and the shares are soaring more than 73% on the news to a recent $89.50, the highest price for the stock since late May. Show More Summary
The owner of Peet's Coffee & Tea said it is buying single-serve coffee pod giant Keurig Green Mountain Inc. for $13.9 billion. Waterbury, Vt.-based Keurig said Monday it will be acquired by an investor group led by JAB Holding Co. for $92 a share, a premium of about 77.9% over Keurig’s closing...
That's a lot of pods. Keurig Green Mountain, the maker of single-serving coffee pod machines that double as office-kitchenette bacteria colonies, has been sold to an investment group for $13.9 billion. The coffee is of questionable quality,...Show More Summary
Are Stumptown K-cups the next step? A German corporation called JAB Holding Co. has its gaze fixed on dominating the coffee industry. This morning Keurig Green Mountain, manufacturer of the landfill-killing, single-serve coffee podsShow More Summary
One of the stocks hedge fund manager David Einhorn has been recently short is being taken private at a 78% premium. On Monday, Keurig Green Mountain Coffee, the maker of K-cups, said it's being acquired by JAB Group for $92 a share,Show More Summary
Eminence Capital, the hedge fund manager led by Ricky Sandler, has made hundreds of millions of dollars this morning on its Keurig Green Mountain long position. On Monday morning, the coffee K-cup maker announced it's being acquiredShow More Summary
If you thought that cup of coffee you picked up on the way to work this morning cost a pretty penny, then can you imagine how the much one of the biggest names in the coffee biz would go for? Well, if you guessed $13.9 billion, then you should probably go buy a lottery ticket, as that’s how much Keurig …
An investor group led by JAB Holding, which also holds a controlling stake in Peet’s Coffee & Tea, has agreed to pay $92 a share in cash.
Joe Raedle/Getty Images By Sruthi RamakrishnanKeurig Green Mountain (GMCR), the maker of K-Cup single-serve coffee pods, said it would be bought by an investor group led by Germany's JAB Holding Co. for about $13.9 billion.The $92 a share cash offer represents a 78 percent premium to Keurig's Friday close.Coca-Cola Co. Show More Summary
Ever wonder what Gabe Newell does with all those mountains of Valve money ? Read more...