Keurig Dr Pepper Inc. (KDP) Not Pursuing Bang Energy Acquisition

Keurig Dr Pepper Inc. (NASDAQ: KDP) today issued the following statement.

"As we have shared previously, our top capital allocation priority is growing our business through M&A and brand/distribution partnerships. Therefore, we are active in evaluating many opportunities that arise, including in the energy space; however, we are not pursuing a partnership with Vita Pharmaceuticals for the Bang brand. We have a strong nationwide omni-channel selling and distribution system, including our company-owned DSD network, and a long track record of leveraging this important asset to drive strong in-market execution and market share growth for our brands and those of our strategic partners."

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