WATERBURY, Vt.--(BUSINESS WIRE)-- Keurig Green Mountain, Inc. announced that at a special meeting today, Keurig's stockholders formally approved the previously announced merger agreement relating to the proposed transaction between Keurig and a JAB-led investor group. Subject to the terms and conditions of the merger agreement, at the effective time of the merger, each share of Keurig common stock will be cancelled and converted into the right to receive $92.00 in cash.
The transaction remains subject to various closing conditions and is expected to close during the first calendar quarter of 2016.
