Dr Pepper Snapple and Keurig Green Mountain to merge

FAN Editor 6 years ago

Dr. Pepper Snapple and Keurig Green Mountain on Monday announced plans to merge to create Keurig Dr. Pepper.

Under the deal, Dr. Pepper Snapple shareholders will receive $103.75 per share in a special cash dividend and retain 13 percent of the combined company. The merger has been unanimously approved by Snapple’s board of directors.

This story is developing. Please check back for updates.

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