Don't Read Too Much Into Lavazza's Raised Stake in Green Mountain (GMCR)

Go back to Don't Read Too Much Into Lavazza's Raised Stake in Green Mountain (GMCR)

Luigi Lavazza S.p.A. Raises Green Mountain Coffee Roasters (GMCR) Stake

September 10, 2012 5:03 PM EDT

In a 13D filing after the close on Green Mountain Coffee Roasters (NASDAQ: GMCR), Lavazza S.p.A. disclosed they raised their stake in the company.

The firm bought ~2.8 million shares from 8/30-9/10 at prices form $24.06-$29.85. The firm now holds a 6.78%, or... More