Green Mountain and Snapple Team Up and 2 Hot Stocks Trading Today
Billionaire Phil Anschutz is expecting a price around $10 billion for his Anschutz Entertainment Group, and is likely to sell it in its entirety rather than in parts, believing it is more valuable that way, says a Reuters report. Possible buyers include Liberty Media Corp (NASDAQ:LMCA); investment companies, private equity firms, and rich individuals.
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An announcement by Green Mountain Coffee Roasters (NASDAQ:GMCR) and Snapple (NYSE:DPS) says Snapple iced teas in K-Cup and Vue packs for Keurig single cup brewers would be available by Spring 2013. “We are always looking for innovative new ways to bring our great brands to our consumers, and we think the Keurig brewing system will do exactly that with Snapple,” said Regan Ebert, Senior Vice President, Brand Marketing at DPS.
Barclays (NYSE:BCS) gets deposits (10.9 billion pounds) and mortgages (5.6 billion pounds) through its acquisition of ING Direct UK, a unit of ING (NYSE:ING). The price has not been disclosed. ING Direct employees numbering 750 and about 1.5 million customers will transfer to Barclays.
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