Keurig Selling Itself for Nearly $14B

Keurig, the single-cup coffee machine maker, said it has agreed to be sold to private equity firm JAB Holding Co. for almost $14 billion.

JAB Holding Co. is offering $92 for each share of Keurig, a 78 percent premium from the stock’s closing price of $51.70 on Dec. 4. Keurig’s stock is down nearly 61 percent since the beginning of the year.