Jefferies Cuts Price Target on Dr Pepper Snapple Group (DPS) Following Announced Bai Acquisition

Streetinsider.com's Hot Lunchtime Reads 11/22: (GME) (NVDA) (DCT) (GT) (HOG)

The following is a list of notable articles to help get you through the lunch hour:Video Game Stocks on Watch Ahead of GameStop (GME) Results ->... More

Dr Pepper (DPS): The Poor Man's Monster Beverage; Bai Purchase to Drive Sustained Growth - Stifel

Dr Pepper Snapple Group (NYSE: DPS) announced today that the company will purchase Bai Brands, LLC. DPS has been slowly grinding out U.S. share gains in carbonated soft drinks for years versus Coke and Pepsi. Stifel believes that this purchase creates short-term growth, as well as the potential for sustained added growth. The company is currently ranked as North America's third largest soft drink, with 90% of earnings and the vast majority of... More

Notable Mergers and Acquisitions 11/22: (DPS) (GOOG) (CWH) (TLLP)/(TSO)

*** Dr Pepper Snapple Group, Inc. (NYSE: DPS) announced that it has reached an agreement to acquire Bai Brands, LLC, and its complete portfolio of high-growth premium antioxidant infused beverages. The cash purchase price of $1.7 billion includes a tax benefit of approximately $400 million on a net present value basis and will be financed through new unsecured notes and short term commercial paper. We expect to maintain our strong investment grade credit profile and have no plans to change our existing shareholder dividends and share repurchase distributions.

Bai provides a strong platform to incubate and... More

PepsiCo to buy probiotic drinks maker KeVita

(Reuters) - PepsiCo Inc (NYSE: PEP) said on Tuesday it would buy health beverage maker KeVita Inc, in an effort to diversify its soft drinks business and tap health conscious consumers.

California-based KeVita offers more than two dozen flavors of probiotic drinks, and... More

Dr Pepper Snapple, Pepsi buy drinks makers in bid to diversify

(Reuters) - Dr Pepper Snapple Group Inc (NYSE: DPS) and PepsiCo (NYSE: PEP) on Tuesday both announced plans to buy alternative drinks makers, the latest examples of beverage companies branching into products perceived as healthier as soda sales decline.

Dr Pepper Snapple, which makes flavored tea, juice drinks, 7UP and Schweppes sodas, will buy antioxidant beverages maker Bai Brands LLC for $1.7 billion in cash, the companies said in a joint statement. Dr Pepper Snapple, which is based in Plano, Texas, already has a roughly 3 percent stake in Bai and a... More

Dr Pepper Snapple Group (DPS) to Acquire Bai Brands for $1.7B

Dr Pepper Snapple Group, Inc. (NYSE: DPS) today announced that it has reached an agreement to acquire Bai Brands, LLC, and its complete portfolio of high-growth premium antioxidant infused beverages. The cash purchase price of $1.7 billion includes a tax benefit of approximately $400 million on a net present value basis and will be financed through new unsecured notes and short term commercial paper. We expect to maintain our strong investment grade credit profile and have no plans to change our existing shareholder dividends and share repurchase distributions.

Bai provides a strong platform to incubate and grow... More