Keurig Green Mountain, Inc. (“Keurig”) (NASDAQ: GMCR) today announced
the receipt on February 25, 2016 of regulatory clearance under
the Competition Act (Canada) in connection with the previously announced
merger between Keurig and a JAB Holding Company-led investor group (the
“Merger”). Keurig expects to close the Merger as soon as reasonably
practicable, subject to the satisfaction of any remaining conditions.
About Keurig Green Mountain, Inc.
Keurig Green
Mountain, Inc. (Keurig) (NASDAQ: GMCR) is reimagining how beverages can
be created, personalized, and enjoyed, fresh-made in homes and
workplaces. We are a personal beverage system company revolutionizing
the beverage experience through the power of innovative technology and
strategic brand partnerships. With an expanding family of more than 80
beloved brands and more than 575 beverage varieties, our Keurig® hot and
Keurig® KOLD™ beverage systems deliver great taste,
convenience, and choice at the push of a button. As a company founded on
social responsibility, we are committed to using the power of business
to brew a better world through our work to build resilient supply
chains, sustainable products, thriving communities, and a water-secure
world.
For more information visit: www.KeurigGreenMountain.com.
Keurig routinely posts information that may be of importance to
investors in the Investor Relations section of its website, www.KeurigGreenMountain.com,
including news releases and its complete financial statements, as filed
with the SEC. Keurig encourages investors to consult this section of its
website regularly for important information and news. Additionally, by
subscribing to Keurig's automatic email news release delivery,
individuals can receive news directly from Keurig as it is released.
Forward-Looking Statements
Certain information in this press
release constitutes “forward-looking statements.” Forward-looking
statements can be identified by the fact that they do not relate
strictly to historical or current facts. They often include words such
as “believes,” “expects,” “anticipates,” “estimates,” “intends,”
“plans,” “seeks” or words of similar meaning, or future or conditional
verbs, such as “will,” “should,” “could,” “may,” “aims,” “intends,” or
“projects.” However, the absence of these words or similar expressions
does not mean that a statement is not forward-looking. These statements
may relate to risks or uncertainties associated with: the satisfaction
of the conditions precedent to the consummation of the Merger;
unanticipated difficulties or expenditures relating to the Merger; legal
proceedings, judgments or settlements, including those that may be and
have been instituted against Keurig, its board of directors, executive
officers and others following the announcement of the Merger;
disruptions of current plans and operations caused by the announcement
and pendency of the Merger; potential difficulties in employee retention
due to the announcement and pendency of the Merger; the response of
customers, distributors, suppliers, business partners and regulators to
the announcement of the Merger; and other factors described in Keurig’s
annual report on Form 10-K for Keurig’s fiscal year ended September 26,
2015 filed with the SEC, as amended. Keurig can give no assurance that
the expectations expressed or implied in the forward-looking statements
contained herein will be attained. The forward-looking statements are
made as of the date of this press release, and Keurig undertakes no
obligation to publicly update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise,
except as required by law. Readers are cautioned not to place undue
reliance on these forward-looking statements that speak only as of the
date hereof.
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