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Keurig Green Mountain Announces Repurchase of Shares Held by Lavazza

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WATERBURY, Vt.--(BUSINESS WIRE)--Keurig Green Mountain, Inc. (Keurig) (NASDAQ:GMCR), a leader in specialty coffee, coffee makers, teas and other beverages with its innovative brewing technology, today announced that on February 21, 2015 it entered into an agreement to repurchase approximately 5.2 million shares of Keurig common stock beneficially owned by Luigi Lavazza S.p.A. (“Lavazza”), at a purchase price of $119.18 per share. The purchase price represents a 3.0% discount off the closing pri

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