Has this created shareholder value for the company, Finance Basics

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Has this created shareholder value for the company

Problem

In a press release at the end of 2017, KO announced that it has completed its efforts to refranchise its company-owned bottling operations in the US. Has this created shareholder value for the company? Be specific and provide financial evidence to support your argument.

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Finance Basics: Has this created shareholder value for the company

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