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Legally, Dr Pepper Snapple Group was the surviving company; it remained publicly traded and changed its name to Keurig Dr Pepper. [80] This created the third largest beverage company in North America. [81] [82] On July 10, shares in Keurig Dr Pepper (KDP) began trading on the New York Stock Exchange. [83] Its stock switched to NASDAQ in 2020. [84]
Keurig (/ ˈ k j ʊər ɪ ɡ /) is a beverage brewing system for home and commercial use.The American company Keurig Dr Pepper manufactures the machines. The main Keurig products are K-Cup pods, which are single-serve coffee containers; other beverage pods; and the proprietary machines that use these pods to make beverages.
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]
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The beverage giant came up short on the top line and surprised investors with an acquisition.
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
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 ...
7 Up Bottling Company building in Portland, Oregon (1976) 7 Up was created by Charles Leiper Grigg, who launched his St. Louis–based company The Howdy Corporation in 1920. [1] Grigg came up with the formula for a lemon-lime soft drink in 1929.