K-Cups Get A $13.9 Billion Payday
JAB Holding, which is the majority owner of Peet's Coffee and Caribou Coffee, just added K-Cup maker Keurig to its portfolio.
Keurig Green Mountain, the company behind the K-Cup single-serve coffee cartridges, was acquired for $13.9 billion by a group of outside investors. The acquisition means that Keurig stockholders will make a lot of money—the company's stock value declined markedly over the past year, and shares are being purchased at $92 apiece, though they have lately traded between only $40 and $50.