3:08 pm
Tue November 12, 2013

Starbucks to Pay $2.76B in Coffee Spat with Kraft

The Associated Press

An arbitrator has concluded that Starbucks must pay $2.76 billion to settle a dispute with Kraft over coffee distribution.

The two consumer products companies had been locked in a fight after Starbucks Corp. fired Kraft as its distributor of packaged coffee to grocery chains in 2010.

Read more