Thursday, February 25, 2010
Wow! This is HUGE!!
Coca-Cola's (KO 52.75, -2.41, -4.37%) is acquiring all the assets and liabilities of Coca-Cola Enterprises (CCE 25.54, +6.36, +33.16%) North American business (KO currently has a 34% equity ownership in CCE). This reverses a business strategy of keeping bottling separate that has been in place for over a century.
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