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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.
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
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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]
Tully sold its North American wholesale coffee-bean distribution business, brand (which it licensed back for $1/year in perpetuity), and roasting operation to Green Mountain Coffee Roasters in 2009, earning $40.3 million in the deal, allowing the company to pay off 100% of its debt, including trade debt, make a cash distribution to shareholders, and maintain substantial cash reserves for the ...
It is the Canadian division of Keurig Dr Pepper (KDP). It was a subsidiary of Cadbury-Schweppes and was previously called Cadbury Beverages Canada Inc. Cadbury plc spun off its beverage division to form Dr Pepper Snapple Group in May 2008 and the name of the Canadian division was changed to the current name.