Coca-Cola to Sell Nine U.S. Facilities to Bottling Companies

Updated on
  • Bottling plants have combined book value of $380 million
  • Beverage giant to create group for coordinating production

Coca-Cola Co. plans to sell nine U.S. production facilities with a combined book value of about $380 million to three bottling companies that help make its drinks, part of a plan to cut costs and streamline operations.

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