WhiteWave Trades Higher Amid Barron's Post On Coca-Cola Partnership

WhiteWave Foods Co WWAV traded higher Monday amid a Barron’s blog post on how an acquisition by The Coca-Cola Company KO is “a combination too good to ignore.”

The post highlighted John Baumgartner of Wells Fargo who commented that “Given Coca-Cola’s new “partnership model” focus, we think Coca-Cola could establish a distributor relationship with WhiteWave (and potentially take an equity stake) and provide it access to faster growth beverage adjacencies. In turn, WhiteWave gains access to a world class global distribution network to accelerate its global growth trajectory.”

Baumgartner felt that a partnership could unlock value for both companies and give WhiteWave and additional $0.30 in annual EPS.

WhiteWave Foods Co recently traded at $35.27, up 0.94 percent.

The Coca-Cola Company recently traded at $42.23, up 0.67 percent.