Weather Alert | Flood Watch For South Florida Until Monday Afternoon | More Details |  Download CBS4 Weather App 

Follow CBSMIAMI.COM: Facebook | Twitter

NEW YORK (CBSMiami/CNN) – A big merger between three big beverage makers is in the works.

Single serve coffee giant Keurig Green Mountain announced Monday on Twitter that it plans to merge with the Dr. Pepper Snapple Group.

The deal is worth nearly $19 billion and would create a beverage powerhouse covering coffee, soda, and more.

Keuring makes their proprietary brewing machines along with their single serve coffee and beverage cups.

The Dr. Pepper Snapple brands include RC Cola, 7 Up, and A&W Root Beer.

The deal is expected to close by June 30th, pending approval by shareholders and regulators.

(©2018 CBS Broadcasting Inc. All Rights Reserved. CNN contributed to this report.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s

Watch & Listen LIVE