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The company's headquarters were relocated to the present location of Purchase, New York in 1970, [9] and in 1986 PepsiCo was reincorporated in the state of North Carolina.
Pepsi Bottling Group was based in Somers, New York. On August 4, 2009, The Pepsi Bottling Group and another major Pepsi bottler, PepsiAmericas, were purchased by PepsiCo, headquartered in Purchase, New York. [3] The purchases were completed on February 26, 2010, forming a wholly owned PepsiCo subsidiary, the Pepsi Beverages Company (PBC).
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On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas, at an offer of $23.27 – or $11.64 plus 0.223 PepsiCo shares – in exchange for each PepsiAmericas share. [1] In August 2009, PepsiCo also made an offer for Pepsi Bottling Group , the world's largest bottler of Pepsi-Cola products.
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PepsiCo. American multinational food and beverage corporation. This article is about the company. For the soft drink, see Pepsi.