Keurig Green Mountain Perking Up On News of Licensing Agreement With Kraft Foods
While no financial terms were yet disclosed, it apparently will involve a multi-year licensing, manufacturing and distribution agreement for Kraft coffees using Keurig pod technology.
Keurig is currently trading at $126.50. Shares of Kraft are marginally higher.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.