The Coca-Cola Company may have finally found a realistic way of getting into the flavored milk business. The Atlanta-based soft drink leader has agreed to an arrangement under which it would become a stakeholder and master distributor of Bravo! Foods Intl., marketers of the Slammer line of flavored milks.
Bravo, N. Palm Beach, Fla., said last month that Coca-Cola has acquired options to purchase around 69 million shares of common stock from 12 shareholders.