Keurig Green Mountain Inc. (Nasdaq: GMCR) entered a multi-year licensing agreement to manufacture and distribute Kraft Foods Group Inc. (Nasdaq: KRFT) coffee in Keurig packs. Shares of Keurig leaped $17.94 to $135.69 while Kraft stock edged up a penny to $57.27.
Keurig to make Kraft coffee packs
August 22, 2014 at 12:27 PM EDT