Coca-Cola Co. Buys 6.38 Million Shares Keurig Green Mountain Inc.

Keurig Green Mountain Inc. GMCR spiked 2 percent briefly on Friday after Coca-Cola Co. KO boosted its stake under a previously disclosed agreement. http://www.sec.gov/Archives/edgar/data/21344/000134100415000132/sc13da2.htm Keurig changed hands recently at $117.90, nearly unchanged. Coca-Cola recently exercised its right to acquire an additional 6.38 million shares of Keurig, boosting its stake to 26.87 million shares under an agreement disclosed in May, last year Coke paid $1.25 billion a year ago for a 10 percent stake in Keurig, increasing that holding in May to an effective 16 percent stake. http://www.sec.gov/Archives/edgar/data/21344/000110465914037797/a14-12523_1sc13da.htm Coca-Cola is Keurig's largest shareholder, followed by FMR LLC of Boston with a 13.9 percent stake and Luigi Lavazza S.p.A, Torino, Italy, with an 8.1 percent stake. Waterbury, Vermont-based Keurig disappointed investors last week, missing projections and disclosing slower-than-expected sales of the latest version of its home coffee brewing machine. Keurig expects to launch a cold beverage machine later this year with help from Coca-Cola and Dr Pepper Snapple Group Inc. DPS.