OTHER NEWS - Jan. 23, 1995
<i> Times Staff and Wire Reports</i>
Candy Company Wants to Be a Pepper: British soft-drink and candy maker Cadbury Schweppes is expected to announce today its takeover of Dallas-based Dr. Pepper/Seven-Up Cos. Cadbury will pay $1.6 billion for the roughly 75% of Dr. Pepper it does not already own, according to London’s Financial Times newspaper. The acquisition would make Cadbury the third-largest soda seller in the United States. Cadbury may, however, sell off the Seven-Up division to help finances the acquisition.
