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Stock impact report

Coca-Cola coffee deal approved by Whitbread investors [Seeking Alpha]

Coca-Cola Company (The) (KO) 
Last coca-cola company (the) earnings: 4/21 05:55 am Check Earnings Report
US:NYSE Investor Relations: coca-colacompany.com/investors
Company Research Source: Seeking Alpha
Whitbread ( OTCPK:WTBCY ) shareholders have given their blessing to the £3.9B sale of the Costa Coffee chain to Coca-Cola (NYSE: KO ) at a general meeting held in London. Proceeds of the deal will be used to pay down debt and boost the pension fund, as well as returning a significant majority of net cash proceeds to shareholders. Following the sale, Whitbread will turn its attention to its Premier Inn hotels business. Click to subscribe to real-time analytics on KO Now read: Coca-Cola's Brilliant Assault On Starbucks » Subscribe for full text news in your inbox Show less Read more
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