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Royal Crown Cola Co

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BUSINESS
July 21, 1995 | DENISE GELLENE, TIMES STAFF WRITER
Royal Crown Cola Co., which introduced a "draft" cola in an bold bid to grab market share from Pepsi and Coca-Cola, is scrambling to defend the week-old product against criticism that its amber, long-necked bottle sends teen-agers a signal that drinking alcohol is "cool." The staunchest attack came Tuesday when Lee Brown, the nation's drug czar, compared Royal Crown Draft Cola to a bottle of beer. "How can one tell which one is the beer and which one's the soft drink?"
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BUSINESS
July 21, 1995 | DENISE GELLENE, TIMES STAFF WRITER
Royal Crown Cola Co., which introduced a "draft" cola in an bold bid to grab market share from Pepsi and Coca-Cola, is scrambling to defend the week-old product against criticism that its amber, long-necked bottle sends teen-agers a signal that drinking alcohol is "cool." The staunchest attack came Tuesday when Lee Brown, the nation's drug czar, compared Royal Crown Draft Cola to a bottle of beer. "How can one tell which one is the beer and which one's the soft drink?"
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BUSINESS
September 27, 1988
Al Burke has been appointed president and chief operating officer of Royal Crown Cola Co., Miami Beach, and its subsidiaries. Burke, who has 37 years of experience in the bottling industry, founded Mid-South Bottling Co., the fifth-largest Pepsi Cola franchise. Jim Harralson will remain executive vice president, and Adib Chartouni will continue as president of the Royal Crown International division.
BUSINESS
September 27, 1988
Al Burke has been appointed president and chief operating officer of Royal Crown Cola Co., Miami Beach, and its subsidiaries. Burke, who has 37 years of experience in the bottling industry, founded Mid-South Bottling Co., the fifth-largest Pepsi Cola franchise. Jim Harralson will remain executive vice president, and Adib Chartouni will continue as president of the Royal Crown International division.
BUSINESS
July 25, 1994 | From Times Staff and Wire Reports
Financier's Daughter Sues: Tracy Posner Ward, daughter of Miami Beach financier Victor Posner, has sued her brother and a New York lawyer, alleging that they let a $2-million trust in her name dwindle to $100,000, the Miami Herald reported. The lawsuit says she learned of the trust only last year, 31 years after it was established for her benefit.
BUSINESS
June 12, 1986 | JUBE SHIVER Jr., Times Staff Writer
Royal Crown Cola Co., seeking to boost its bid to block separate corporate mergers proposed by soft-drink giants Coca-Cola Co. and Pepsico, is launching a nationwide advertising campaign today encouraging consumers to oppose the mergers. At issue are two merger plans that would concentrate 80% of the U.S. soft-drink industry in the hands of the two beverage giants. Coca-Cola has proposed a $470-million buyout of Dr Pepper, and Pepsico has announced plans to purchase Seven-Up Co.
BUSINESS
June 16, 1986 | From The Washington Post
The Federal Trade Commission will vote Friday on whether to block separate merger proposals by Coca-Cola Co. and Pepsico that would leave those two companies with more than 80% of the nation's soft-drink market, sources said. A brief announcement about the meeting indicated that, at this point, the FTC staff would recommend legal action to block both proposed mergers because of their impact on competition in the soft-drink market, according to attorneys involved with the merger proposals.
BUSINESS
July 26, 1995 | DENISE GELLENE, TIMES STAFF WRITER
The nation's drug czar will announce in Washington today an "ethics in marketing" initiative to discourage what he sees as the recent proliferation of products that glamorize drug and alcohol use among children.
BUSINESS
June 8, 1993 | From Bloomberg Business News
Financier Victor Posner and his son Steven should be barred from ever again serving as officers or directors of a public company because of their pattern of self-enrichment, the Securities and Exchange Commission has urged in a court filing. The SEC's brief lays the groundwork for a civil trial of the Posners, scheduled to begin June 17. It is the final part of the agency's 5-year-old insider trading case against Michael Milken and his employer, Drexel Burnham Lambert Inc.
BUSINESS
August 1, 1986 | JUBE SHIVER Jr., Times Staff Writer
Coca-Cola Co.'s bid to buy Dr Pepper Co., which last month was temporarily blocked by a federal court in Georgia, was handed a second major setback Thursday. U.S. District Judge Gerhard Gesell in Washington, acting at the request of the Federal Trade Commission, granted a preliminary injunction to block the $470-million deal until the FTC can conduct a full administrative review of the merger--a lengthy process. The ruling comes about six weeks after a U.S. District Court judge in Columbus, Ga.
BUSINESS
June 25, 1986 | JUBE SHIVER Jr., Times Staff Writer
Philip Morris Cos. announced Tuesday that it has canceled the agreement to sell its troubled Seven-Up Co. subsidiary to beverage giant Pepsico Inc. for $380 million. The announcement came four days after the Federal Trade Commission said it would go to court to attempt to block that deal, as well as Coca-Cola Co.'s proposed $470-million purchase of Dr Pepper Co. The two proposed soft-drink mergers would have put 80% of all U.S.
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