PP_1170x120_10-25-21

Dirk Van de Put

Mondelez acquires Tate’s Bake Shop

Mondelez acquires Tate’s Bake Shop

NEW YORK — Food giant Mondelez International has agreed to acquire cookie maker Tate’s Bake Shop for about $500 million, looking to address changing consumer tastes. Tate’s is best known for its chocolate chip cookies with a green-and-white label on the bag. The Southampton, N.Y., company also makes gift baskets with items such as brownies,

Keurig, Dr Pepper Snapple Group to merge

Keurig, Dr Pepper Snapple Group to merge

PLANO, Texas, and BURLINGTON, Mass. — Keurig Green Mountain Inc. and Dr Pepper Snapple Group plan to merge in a deal that will create a new beverage giant, Keurig Dr Pepper (KDP), in the North American market. Under the agreement announced Monday, Dr Pepper Snapple shareholders will receive $103.75 per share in a special cash dividend