Ciros (![[info]](http://p-stat.livejournal.com/img/userinfo.gif){kind=small} ciros) wrote,@ 2007-07-05 04:38:00 |
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nooooooooooooooooooooooooo
As per AFP(Agence France-Presse). This is a sad day for me personally. See I am hardcore Dr. pepper Fan, and unless it is done by 7-up(ie: Michigan), Dr. pepper is Distributed by Pepsi. because of that, and I prefer pepsi products, I just never pay attention to Coke, BUT...
NEW YORK (AFP) - Coca-Cola is interested in buying the popular Snapple and Mott's juice brands from investors now bidding for the US beverages business of Britain's Cadbury Schweppes PLC, US media reported Thursday.
The Wall Street Journal reported that Coca-Cola, in an effort to expand its non-carbonated drinks business, has already contacted the two private equity firms bidding for the Cadbury division over the possibility of purchasing the two brands.
Coke declined to confirm the report to the Journal, it said.
Cadbury is putting its US drinks business, which includes bottled juice and sweetened tea brand Snapple, juice brand Mott's and carbonated brands Dr Pepper and 7 Up, up for sale, and is expected to decide on a buyer by the end of July, the Journal said.
The portfolio of brands could go for around 10 billion dollars, it said, and it is not certain the bidders would be willing to break it up to sell Snapple and Mott's to Coca-Cola.
This makes me wish that I had 10 billion dollar, more around 15billion or so, so I could bid high, so I could control Dr. pepper. at that point I would sell Mott's and Snapple to coke, sure.
As per AFP(Agence France-Presse). This is a sad day for me personally. See I am hardcore Dr. pepper Fan, and unless it is done by 7-up(ie: Michigan), Dr. pepper is Distributed by Pepsi. because of that, and I prefer pepsi products, I just never pay attention to Coke, BUT...
NEW YORK (AFP) - Coca-Cola is interested in buying the popular Snapple and Mott's juice brands from investors now bidding for the US beverages business of Britain's Cadbury Schweppes PLC, US media reported Thursday.
The Wall Street Journal reported that Coca-Cola, in an effort to expand its non-carbonated drinks business, has already contacted the two private equity firms bidding for the Cadbury division over the possibility of purchasing the two brands.
Coke declined to confirm the report to the Journal, it said.
Cadbury is putting its US drinks business, which includes bottled juice and sweetened tea brand Snapple, juice brand Mott's and carbonated brands Dr Pepper and 7 Up, up for sale, and is expected to decide on a buyer by the end of July, the Journal said.
The portfolio of brands could go for around 10 billion dollars, it said, and it is not certain the bidders would be willing to break it up to sell Snapple and Mott's to Coca-Cola.
This makes me wish that I had 10 billion dollar, more around 15billion or so, so I could bid high, so I could control Dr. pepper. at that point I would sell Mott's and Snapple to coke, sure.
