Coke To Pay $715M To Distribute Dr. Pepper

Law360, New York (June 7, 2010, 4:32 PM EDT) -- The Coca-Cola Co. said Monday it would pay $715 million to distribute drinks from Dr. Pepper Snapple Group Inc. over the next 20 years, as part of Coca-Cola's plan to take over the operations of its North American bottler.

Under the licensing agreement, Coca-Cola will distribute Dr. Pepper across the U.S. and Canada Dry in the Northeast, and will continue to distribute Canada Dry, C’Plus and Schweppes in Canada.

The distribution period will run for an initial term of 20 years, with the option of a...
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