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Dr Pepper Shareholders Denied Appraisal In $21B Keurig Deal

Law360 (June 1, 2018, 8:46 PM EDT) -- Shareholders of Dr Pepper Snapple Group Inc. do not have appraisal rights in the proposed $21 billion merger of the company with Keurig Green Mountain Inc., after a Delaware Chancery Court judge ruled Friday that Dr Pepper itself is not a party to the deal.

In an opinion issued by Chancellor Andre G. Bouchard, the court ruled that appraisal rights afforded to shareholders of a company that is a party to a merger do not apply in this transaction because Dr Pepper is merely the parent of...
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