The Pepsi Bottling Group, Inc. (NYSE: PBG) confirmed that it received an unsolicited, non-binding proposal from PepsiCo, Inc. to acquire all the outstanding shares of the Company’s common stock not owned by PepsiCo for $29.50 per share. PBG said that its Board of Directors will evaluate the proposal carefully and respond in due course.
Public Relations:
Jeff Dahncke
+1 914-767-7690
jeff.dahncke@pepsi.comInvestor Relations:
Mary Winn Settino
+1 914-767-7216
marywinn.settino@pepsi.com
The Pepsi Bottling Group, Inc. (NYSE: PBG) confirmed that it received an unsolicited, non-binding proposal from PepsiCo, Inc. to acquire all the outstanding shares of the Company’s common stock not owned by PepsiCo for $29.50 per share.
PBG said that its Board of Directors will evaluate the proposal carefully and respond in due course.
| Public Relations: Jeff Dahncke +1 914-767-7690 jeff.dahncke@pepsi.com | Investor Relations: Mary Winn Settino +1 914-767-7216 marywinn.settino@pepsi.com |
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