Keurig Green Mountain (NASDAQ:GMCR) announces it will be acquired by privately-owned JAB Holding Company for $92 per share in a deal valued at $13.9B. JAB Holding is an experienced collector of large consumer product brands.

GMCR stakeholder Coca-Cola (NYSE:KO) says it backs the buyout and indicates it will work with JAB to stay on as a major Keurig single-serve partner.

The deal is expected to close in the first quarter of 2016.

GMCR closed at $51.70 on Friday. Shares are currently on a trading halt, but will soon skyrocket.

Damn!!!