2/5/14 - UPDATE: GMCR Deal with COKE - STOCK UP $36.45 (45%)

  UPDATE:   GMCR Deal with COKE - STOCK UP $36.45 (45%) in after hour trading
A few years back, I had told about GMCR (Green Mountain Coffee Roasters) to some of the friends. I know it has gone few hundred percent after that. However, today they had a deal with COKE wherein COKE will take a 10%, $1.25 Billion stake in GMCR. It's stock soared to $36.45 UP (45%) in after hour trading. Let’s see how it opens tomorrow morning. It may not be a bad idea to take a bit profit out of the table and enjoy the ride. They also have a 10-year agreement where the companies will collaborate on the development and introduction of Coca-Cola products on Green Mountain's upcoming machine. This will serve both carbonated and non-carbonated beverages, including soft drinks, tea and juice. 


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