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Coca-Cola Co. (KO) Rose To Another New High For The Year

7/31/2012 6:50 AM ET

Coca-Cola Co. (KO: Quote) announced Monday morning that it will reorganize around three major businesses, consolidating global operations into North American and international divisions. A separate business will handle bottling.

Coca-Cola climbed during the first hour of trade Monday and extended its gains around midday. The stock finished up by 1.11 at $81.12 and closed at its second consecutive new high for the year.

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by RTT Staff Writer

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