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Green Mountain Coffee - Coffee Roasters' Acquisition OK'd
Monday, May 29 2006 at 11:29
Waterbury-based Green Mountain Coffee Roasters Inc. on Monday said it has received antitrust approval from the U.S. Federal Trade Commission for its proposed acquisition of 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. The coffee company, which already owned 35 percent of Keurig, agreed to acquire all of the outstanding common shares of Keurig for $99.5 million in cash, and assume the outstanding unvested options of Keurig employees, valued at $4.8 million.
Find out more about the deal between Green Mountain Coffee Roasters and Keurig at burlingtonfreepress.com.
