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Coffee, Juice & Soda – A Merger of Beverages

Touch the Soil News #927 (Feature photo – CC CCO 1.0 Universal Public Dedication) Keurig Green Mountain and Dr Pepper Snapple have announced a preliminary agreement to merge, according to a recent press release from Keurig. The deal will bring together many iconic brands into a new company that is estimated to generate $11 billion in annual sales. Existing stockholders of Dr Pepper Snapple will receive a one-time cash payment of $103.75 per share after which they will retain a modest 13 percent of the new company. But think about this. Dr Pepper Snapple has 181 million shares outstanding. At $103.75, that equates to Keurig having to write a check…

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