Kraft Foods Group (KRFT -1.2%) plans to launch Maxwell House cups for Green Mountain (GMCR -0.5%) brewers, according to Reuters. The company says the cups will be produced outside of any licensing agreement with Green Mountain. After spiking sharply lower after the story broke, GMCR has recovered a good portion of the ground lost as traders digest that the development wasn't wholly unexpected.
Kraft Foods Group (KRFT -1.2%) plans to launch Maxwell House cups for Green Mountain (GMCR...
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| Symbol | Last Price | % Chg |
|---|---|---|
| KHC | - | - |
| The Kraft Heinz Company | ||