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Soft Drink Industry United States

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BUSINESS
March 28, 1997 | JAMES F. PELTZ, TIMES STAFF WRITER
Closing one of the worst flops in corporate-merger history, Quaker Oats Co. agreed Thursday to sell Snapple Beverage Corp. to Triarc Cos. for $300 million, only 27 months after Quaker spent $1.7 billion to buy the maker of trendy drinks. The Quaker-Snapple fiasco joins such ill-fated business marriages as AT&T Corp. and computer maker NCR and General Electric Co. and defunct brokerage house Kidder, Peabody & Co.
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BUSINESS
March 28, 1997 | JAMES F. PELTZ, TIMES STAFF WRITER
Closing one of the worst flops in corporate-merger history, Quaker Oats Co. agreed Thursday to sell Snapple Beverage Corp. to Triarc Cos. for $300 million, only 27 months after Quaker spent $1.7 billion to buy the maker of trendy drinks. The Quaker-Snapple fiasco joins such ill-fated business marriages as AT&T Corp. and computer maker NCR and General Electric Co. and defunct brokerage house Kidder, Peabody & 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?"
BUSINESS
October 7, 1992 | CAROL SMITH, SPECIAL TO THE TIMES
Two years ago, brothers Bill, Bob and Chuck Groux were hawking Snapple brand iced teas and lemonades from stands on street corners, in front of gas stations and in the parking lots of convenience stores. But theirs were not typical lemonade stands. Their Groux Distribution is now a rapidly growing competitor in the so-called New Age drink market, a segment that has caught the attention of beverage giants Coca-Cola Co. and Pepsico Inc.
BUSINESS
January 27, 1995 | LAURA B. BENKO, TIMES STAFF WRITER
In a move that would thrust it into the top ranks of the U.S. soft drink industry, Cadbury Schweppes offered $1.71 billion Thursday to acquire the remaining 74% of Dr Pepper/Seven-Up Cos. that it does not already own. The deal, which was accepted unanimously by Dr Pepper's board, would propel the London-based confectionery conglomerate to third from a distant fourth in the $49-billion U.S. soft drink market, behind superpowers Coca-Cola Co. and PepsiCo Inc.
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?"
BUSINESS
January 27, 1995 | LAURA B. BENKO, TIMES STAFF WRITER
In a move that would thrust it into the top ranks of the U.S. soft drink industry, Cadbury Schweppes offered $1.71 billion Thursday to acquire the remaining 74% of Dr Pepper/Seven-Up Cos. that it does not already own. The deal, which was accepted unanimously by Dr Pepper's board, would propel the London-based confectionery conglomerate to third from a distant fourth in the $49-billion U.S. soft drink market, behind superpowers Coca-Cola Co. and PepsiCo Inc.
BUSINESS
October 7, 1992 | CAROL SMITH, SPECIAL TO THE TIMES
Two years ago, brothers Bill, Bob and Chuck Groux were hawking Snapple brand iced teas and lemonades from stands on street corners, in front of gas stations and in the parking lots of convenience stores. But theirs were not typical lemonade stands. Their Groux Distribution is now a rapidly growing competitor in the so-called New Age drink market, a segment that has caught the attention of beverage giants Coca-Cola Co. and Pepsico Inc.
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