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By Marcus Chen
Kraft Heinz selling beloved coffee brand in $650M deal: Here’s why
Marcus Chen
Marcus Chen
Senior Reporter · Syracuse, NY
With a degree in Business Journalism from Columbia University, Marcus has spent a decade reporting on economic trends and local businesses for the Albany Times Union and formerly for NPR’s Upstate New York affiliate. His deep understanding of the financial landscape equips him to provide context to local economic shifts impacting Syracuse families.
More from Marcus →Senior Reporter · Friday, November 13, 2026 at 4:08 PM · 1 min read
Kraft Heinz is giving up control of one of coffee’s most recognizable brands as the food giant shifts its attention toward parts of its business it believes have more room to grow. It also plans to use proceeds from the sale to pay down debt.
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