iBankCoin

Keurig Acquires Dr. Pepper Snapple; Combined Company to List and Trade Publicly

I remember when the Keurig device came out; I thought it was the best invention since electricity. Many of you here might recall my obsession with the product and how it was responsible for my obsession with coffee. I recall drinking 6-10 cups of coffee per day with that thing — fucking wired to the hilt. Shares of BBBY were pressing higher, based solely on Keurig machine and K-Cup sales, and it brought a lot of excitement to the retail sector. We hadn’t had a real high tech, consumer friendly, device like the Keurig in years, possibly decades.

Then it all fell to shit.

Personally, I became disgusted by my machine, after finding out the level of mildew buildup inside of it. Plus, I became a true coffee aficionado and began to look down upon those who K-Cup’d. I had moved onto French press and pour over, creating latte art from the confines of my fucking home.

Shortly after, Green Mountain was taken private in shame and I thought I’d never see them again.

WRONG.

Keurig’s private equity dick handlers, JAB, agreed to acquire Dr. Pepper Snapple, who by the way just acquired a local company near me called Bai, in a deal that will set them on course to compete with the likes of KO and PEP.

Even better, they’re gonna leave a tracking stock under the ticker KDP. Essentially, Keurig is coming pubic again, in the most grandiose way possible.

David Faber and the gang discuss the deal and how Keurig progressed during its time private.

If you enjoy the content at iBankCoin, please follow us on Twitter

5 comments

  1. mrcharlie

    Latte art from the confines!?!!? You fukn sicko hahaha I too moved on from the keurig to the press but not before I fleeced them a few times over since they always broke and leaked

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  2. sarcrilege

    So now what? Snapple from a K-cup?

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  3. masteroneass

    Sia is a decent storage shitcoin. 10x cheaper than aws they claim. Popular with miners in part due to Claymores dual miner. My basis for coins is whether folks talk about mining them or buying them. Basically playing buzz. Sort of like the dotcom days. I heard a lot about amazon. Back then it was being bashed amzon dot toast trash bomb. Anyway now Bezos rules the american consumer.

    • 0
    • 0
    • 0 Deem this to be "Fake News"
  4. duuude

    Then they can buy that fairywater fizzy co

    • 0
    • 0
    • 0 Deem this to be "Fake News"