Quaker/PepsiCo
This article was originally published in The Tan Sheet
Executive Summary
Merger completion near as FTC votes to end investigation into potential anti-competitive issues, firms announce Aug. 1. Dissenting Commissioners Sheila Anthony and Mozelle Thompson term decision "regrettable," express concerns about united Gatorade and Pepsi marketer's influence on stratified soft drink industry while Commissioners Orson Swindle and Thomas Leary note FTC can "address actual conduct" if objectionable actions are taken by new entity. PepsiCo agreed to acquire Quaker Oats in December in a deal valued at $13.4 bil. (1"The Tan Sheet" Dec. 11, 2000, p. 4)
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