The Presidential Daily Brief


  1. keurig machine

    Keurig Gets Bought for $13.9 Billion

    It’s the invasion of the pods. The maker of ubiquitous single-serve coffee machines has been acquired by JAB Holding Co., and at a premium of $92 per share — that’s 78 percent over the company’s closing stock price Friday. That’s a surprising infusion of cash for a company which has seen a very public slowdown in business over the last year — but on news of the acquisition, stocks zinged up 73 percent. Keurig’s shareholders still have to weigh in, but the deal is expected to see approval in April.

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