date:Jan 14, 2013
ed media. The response from media companies was tepid, however.
The news will certainly fuel speculation that ultimately [A-B InBev] might acquire PepsiCo's beverage business, wrote Bill Pecoriello, CEO of ConsumerEdge Research, in a report. However, Mr. Pecoriello says for now a deal seems unlikely, given A-B InBev is about to close a deal to acquire Grupo Modelo and PepsiCo is still trying to turn around its beverage business.
Calling 2012 a transition year, PepsiCo pledged to invest an addi