Keurig will buy Dr Pepper Snapple Group, creating a beverage giant with about $11 billion in annual sales. Photo: APPlano, Texas: Keurig will buy Dr Pepper Snapple Group, creating a beverage giant with about $11 billion in annual sales. Keurig CEO Bob Gamgort will lead the new company, called Keurig Dr Pepper. Keurig and Dr Pepper Snapple will continue to run out of their current locations. The acquisition must still be approved by shareholders of Dr Pepper Snapple Group Inc.

Source: Mint January 29, 2018 13:52 UTC