PepsiAmericas
Website | www.pepsiamericas.com |
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PepsiAmericas, Inc. was the world's second-largest
By early 2009, PepsiCo held a 41.1% stake in the PepsiAmericas. On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas, at an offer of $23.27 – or $11.64 plus 0.223 PepsiCo shares – in exchange for each PepsiAmericas share.
History
In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name.[2] Whitman was founded as the Illinois Central Railroad.[3] It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and Whitman Corp. in 1988.[4]
References
- ^ [1][dead link]
- ^ Profile of PepsiAmericas
- ^ ICI, Pepsi organization OK merger Railway Age January 5, 1970 page 8
- ^ Profile of Whitman Corporation
External links
- PepsiAmericas, Inc.
- Company profile at answers.com.