Friday, May 25, 2007

Coke to buy Glaceau for $4.2B

Coke set to buy Glaceau for $4.2 bln: NYT (Reuters)

Kosher for Passover Coke bottles sit on display at grocery store in Great Neck, New York, in this March 20, 2007 file photo. The directors of Coca-Cola Co. have approved the purchase of vitamin water maker Glaceau for $4.2 billion in cash and Coke stock, the New York Times reported on its Web site on Friday, citing an executive involved in the talks. (Shannon Stapleton/Reuters)Reuters - Coca-Cola Co. has approved the purchase of vitamin water maker Glaceau for $4.2 billion in cash and Coke stock, the New York Times reported on its Web site on Friday.


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