UPDATE: Dr Pepper Snapple Group (DPS) Said in Talks to Buy Bai Brands - Reuters

October 26, 2016 1:35 PM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.
(Updated - October 26, 2016 1:39 PM EDT)

Dr Pepper Snapple Group (NYSE: DPS) is in talks to acquire Bai Brands, according to Reuters, citing people familiar with the matter.

Dr Pepper Snapple is just one of the companies that the drink brand is talking to ahead of bids being submitted in an auction. Dr Pepper Snapple may be willing to value Bai Brands at $1.5 billion, the report said.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Mergers and Acquisitions, Rumors, Trader Talk

Related Entities

Definitive Agreement

Add Your Comment