Keurig Green Mountain Inc Offering Coke Product For First Time
Shares of Keurig Green Mountain Inc (NASDAQ: GMCR) are weakening after a strong start, initially getting a boost Wednesday following news of additional offerings from The Coca-Cola Company (NYSE: KO) line.
Coca-Cola had bought a 10 percent stake in Green Mountain in mid-February, with an additional 16 percent earlier this summer.
Green Mountain will offer Honest Tea pods in its Keurig hot brewing machines in North America, marking the first Coke product available in Keurig's brewing system.
Shares of Keurig were last up 0.3 percent.
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