Coke Signs "Real" Deal With Oakland

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Coca-Cola has signed a $6.2 million 10-year deal with the Oakland City Council to make Coke the official soft drink of the California city.

Under the deal, which was approved Monday night, Coca-Cola products will be the only ones sold in city buildings — including libraries, the Oakland Museum and the Woodminster Amphitheater, where 230 Coke machines will be placed within six months. Under the terms of the contract, Oakland will receive a 45% commission on vending machines.

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