PepsiAmericas, Inc. (NYSE: PAS) is the world's second-largest bottler of Pepsi-Cola products, and also contracts to produce beverages for Dr Pepper Snapple Group and smaller regional brands. PepsiAmericas has 19 bottling plants in the United States and has presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas is based in Minneapolis, Minnesota. PepsiCo, Inc. holds a 41.1% stake in the company. On April...
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PepsiAmericas, Inc. (NYSE: PAS) is the world's second-largest bottler of Pepsi-Cola products, and also contracts to produce beverages for Dr Pepper Snapple Group and smaller regional brands. PepsiAmericas has 19 bottling plants in the United States and has presence in 11 countries in Central/Eastern Europe and 5 countries in the Caribbean. PepsiAmericas is based in Minneapolis, Minnesota. PepsiCo, Inc. holds a 41.1% stake in the company. On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas it does not currently own, at an offer of $23.27 per share (or $11.64 in cash in addition to 0.223 PepsiCo shares, in exchange for each PepsiAmericas share).
In 2000, Whitman Corp., a Pepsi bottler, purchased PepsiAmericas and took the acquired company's name. Whitman was originally founded as the Illinois Central Railroad. It later diversified out of railroads and into Pepsi bottling, going by the names Illinois Central Industries in 1962, IC Industries in 1975 and...
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