Spotlight: Pepsi Replaces Coke at Angels Games

Breaking a long-standing arrangement with Walt Disney Co., Coca-Cola Co. walked away from a new contract to be the sole soft drink supplier at Edison International Field, home of the Disney-owned Anaheim Angels, for the upcoming baseball season. Instead, Disney said it signed a 10-year agreement with PepsiCo Inc. Financial terms weren’t disclosed. Coke had the right to match Pepsi’s offer but decided the price was too high. Coke has been the sole soft drink supplier to Disney’s theme parks since 1955.