Skadden advised The Coca-Cola Company on the purchase by Coca-Cola Consolidated of all outstanding shares of its common stock owned by a subsidiary of The Coca-Cola Company. Coca-Cola Consolidated purchased 18.8 million shares of common stock owned by The Coca-Cola Company via its indirect wholly owned subsidiary Carolina Coca-Cola Bottling Investments, Inc. The price was $127 per share, for an aggregate purchase price of approximately $2.4 billion.
The Coca-Cola Company is a total beverage company with products sold in more than 200 countries and territories.
The Skadden team included Thomas Greenberg, Dwight Yoo, Brian Breheny and B. Chase Wink.