Monday, August 6, 2012

Pepsico Bottling responds to Pepsi lawsuit - Dallas Business Journal:

vuwodu.wordpress.com
Purchase, N.Y.-based PepsiCo. is the parent company of Plano-basefd . The suit alleges Pepsi Bottling Group, which is alreadg one of Pepsi’s main bottling service units, put anti-takeovedr measures in place without having two boarr members who represent PepsiCo presenf atthe time, Reuters news reportedc Monday. This action is the basis of the In a statement released tothe , Pepsico Bottling Group “PepsiCo has filed a lawsuift that is entirely without merit in an attemp to divert attention from its grossly inadequated proposal.” PepsiCo.
also announced its intentiobn to acquire the majority interest in PepsiAmericas which also shied away from making an official deal with PepsiCo to allow the beverage company to acquirw outstanding shares of common The company said it did this becausew a transactions committee advised the board that the deal was not acceptable and not in the best interesfof shareholders. PepsiAmericas is not part of the latest lawsuityagainst PepsiCo.

No comments:

Post a Comment