Former symbol: DDRX (Nasdaq), now part of KDP (NYSE).
End of 2009 price per share: $34.85
Price of KDP on March 1, 2019:$26 (note, not comparable)
Current market cap of KDP:$37.28 billion
An American coffee company based in Irvine, California, Diedrich closed its company-owned stores and sold its franchises to focus on wholesale sales of coffee and producing K-Cups for Green Mountain Coffee Roasters’ Keurig coffee maker. In December, after a bidding war with Peet Coffee, Green Mountain Coffee Roasters came to an agreement to purchase Diedrich for $290 million. Keurig Dr Pepper is now the owner of Green Mountain Coffee Roasters.