A Keurig and Dr Pepper Love Story
Keurig Green Mountain and its majority owner, JAB Holding Company, have made a deal to buy Dr Pepper Snapple Group for $18.7 billion. Keurig has improved operations since coming under JAB ownership, and JAB is estimating that the new giant will generate $11 billion in revenue. The proposed transaction currently holds that Keurig will merge with Dr Pepper Snapple to create a company called Keurig Dr Pepper, thus bringing two of our favorite drinks into one happy baby.
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