Green Mountain Shares Up As It Brews Global Tea Deal
Posted on March 07, 2013 at 13:49 PM EST
Highly rated Green Mountain Coffee Roasters (GMCR) unveiled a partnership with food and personal care products giant Unilever (UL) to let consumers brew a spot of Lipton tea, one cup at a time. Under terms of an accord between Unilever North America and Green Mountain, Lipton hot and iced tea in K-Cup and Vue brand packs will be sold through a variety of channels in the U.S. and Canada starting this summer. Shares of Green Mountain, which