Keurig, Dr Pepper Snapple Group to merge

January 29, 2018 by Chain Drug Review Bart Becht, Bob Gamgort, Dirk Van de Put, Dr Pepper Snapple Group, JAB Holding Co., Keurig Dr Pepper, Keurig Green Mountain, Larry Young, Mondelez International Business, Leading Headlines, Supplier News

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