Green Mountain Coffee Sells Minority Stake to Coca-Cola

Coca-Cola agreed to buy a 10 percent stake in Green Mountain Coffee Roasters for about $1.25 billion, and will work with the maker of Keurig coffee brewers to introduce a system for producing single-serve cold drinks. Teaming up with Green Mountain on new beverages will help Atlanta-based Coca-Cola boost sales, said Marc Riddick, an analyst at Williams Capital Group LP in New York.