Food & Drink

American drinkers will consume an estimated 360 million glasses of champagne on New Year’s Eve. It is, of course, the number one night of the year for popping bottles of bubbly. But let’s forget about quantity for a moment and focus instead on quality. Because what’s the point of celebrating with something mediocre? Especially when
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Greek yogurt pioneer Chobani has acquired La Colombe for $900 million just a few months after Keurig Dr Pepper’s (KDP) announced its $300 million sales and distribution deal with the ready-to-drink coffee company. The transaction included the combination of a newly issued $550 million term loan, cash on hand, the exchange of KDP’s minority equity
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