Keurig Green Mountain Inks Deal with Dr. Pepper Snapple for Cold Drink Capsule

Keurig Green Mountain Inc. GMCR has signed a deal with Dr Pepper Snapple Group Inc.DPS to sell capsules for Keurig's upcoming cold-drink machine, according to the Wall Street Journal. The deal is expected to be announced on Wednesday. Keurig Green Mountain's cold drink machine is code-named "Geyser", and will use a single pod to add flavor, carbonation and chill the liquid to 38 to degrees Fahrenheit. Keurig Green Mountain shares traded at $128.85 in the premarket, up $1.66 from Tuesday's close.