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Pepsi Just Made a $1.2 Billion Acquisition of Something That Has Nothing to Do With Carbonated Beverages
After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion. The deal for Siete was announced back in October but closed this January.
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New York (CNN) — Typically, Pepsi is best with a hot dog… not on a hot dog. But maybe that’s changing. The beverage brand is making its first-ever condiment — called “Pepsi Colachup” — that is ...
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