Does Coca Cola own Green Mountain Coffee? Under the terms of the agreement, Coca-Cola will acquire roughly 16.7 million newly issued shares of Green Mountain The new shares have been priced at $74.98, which represents the trailing 50-trading-day volume weighted average price as of market close.
Coca-Cola’s products are low dollar items, making them affordable to a vast majority of consumers. Products can be purchased all over the world in various places such as gas stations, grocery stores, vending machines, restaurants, and Costa Coffee stores. Coca-Cola highly promotes themselves with their product taste as well as convenience factor.
Coca-Cola announced on Friday that it has agreed to buy British coffee-shop chain Costa Coffee from parent company Whitbread for $5.1 billion.
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