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Keurig Dr Pepper Inc. (/ ˈ k j ʊər ɪ ɡ /), formerly Green Mountain Coffee Roasters (1981–2014) and Keurig Green Mountain (2014–2018), is a publicly traded American beverage and coffeemaker conglomerate with headquarters in Burlington, Massachusetts, and Frisco, Texas. [6]
The combined company would be named Keurig Dr Pepper and would trade publicly on the New York Stock Exchange. Shareholders of Dr Pepper Snapple Group would own 13% of the combined company, while Keurig shareholder and Cadbury current owner Mondelez International owning 13–14%, and JAB Holdings owning the remaining majority stake. [ 5 ]
Dr Pepper (DPS) and Keurig are on track to close the merger on Jul 9, having obtained all regulatory and other approvals. The company also reveals the board members of the new company.
One recipe in the book titled "Dr Peppers Pepsin Bitters" was of particular interest, and some speculated it could be an early recipe for Dr Pepper. However, Keurig Dr Pepper insists it is not the formula for Dr Pepper, but is instead a medicinal recipe for a digestive aid. The book was put up for auction in May 2009, but no one purchased it. [16]
The beverage giant came up short on the top line and surprised investors with an acquisition.
Ghost will join the company's energy drink line-up.
Keurig Dr Pepper Inc. will acquire Ghost in two stages, paying $990 million in cash for 60% of the company by early 2025, then will buy the remaining stake in 2028, according to the statement. The ...
Dr Pepper and Diet Dr Pepper; Hires Root Beer and cream soda; RC Cola; Schweppes (tonic water, ginger ale, diet ginger ale) Vernors; Stewart's Fountain Classics (Root Beer, Orange & Cream, Wishniak, Black Cherry, Key Lime, Cream Soda) Golden Cockerel (ginger beer) Sussex Golden Ginger Ale