Business
Quaker Oats Co. said Wednesday that it will acquire Snapple Beverage Corp. for $1.7 billion in cash, creating the nation’s third-largest nonalcoholic beverage company and giving it a commanding market share lead in the fast-growing, so-called New Age drinks segment.
Nov. 3, 1994
Food
Oat bran--plain and unglamorous as an old housecoat--suddenly has the allure of a designer original in supermarkets around the country.
June 1, 1989
The takeover battle for Anderson, Clayton & Co. escalated Thursday as Quaker Oats Co. announced that it has bought 23% of Anderson, Clayton’s stock as a first step toward trying to acquire the company.
Sept. 26, 1986
Gerber Products’ stock, buoyed all summer by persistent takeover rumors, advanced strongly again on Wednesday as speculation intensified that a major food processor might launch a bid for the world’s largest producer of baby foods.
July 30, 1987
Quaker Oats Co., maker of popular products ranging from oatmeal to Gatorade, was rumored Friday to be a takeover target of Nestle, and the talk sent its stock to a 12-month high.
June 18, 1994
Stock Exchange lets readers listen in as Times staff writers James Peltz and Michael Hiltzik debate the merits of individual stocks.
May 2, 2000
The brief news item buried deep in the Philadelphia Inquirer’s food section carried the headline, “Study Finds Muffins Helped Cut Cholesterol.”
May 15, 1988
Quaker Oats Co. said Friday that it is realigning the management of its Snapple Beverage unit, which has failed to meet the company’s expectations since it was acquired in late 1994 for $1.7 billion.
July 20, 1996
Quaker Oats, already involved in a messy takeover struggle for the maker of Gaines Burgers, disclosed Wednesday that it owns a nearly 5% stake in Gerber Products, the nation’s largest baby food company.
Sept. 11, 1986
Quaker Oats Stock Boils Over on Takeover Talk: Quaker Oats Co., maker of popular products ranging from oatmeal to Gatorade, was rumored Friday to be a takeover target of Nestle, and the talk sent its stock to a 12-month high.