YOUR BUSINESS AUTHORITY
Springfield, MO
PepsiCo today announced plans to buy at-home carbonated drink maker SodaStream.
The deal valued at $3.2 billion would have Pepsi paying $144 per share in cash for SodaStream's outstanding stock.
"We get to play in a business — home beverages — where we don't play," PepsiCo CFO Hugh Johnston said.
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