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Dr Pepper tracks higher with Bai Brands on board

Nov. 28, 2016 2:17 PM ETDr Pepper Snapple Group, Inc. (DPS-OLD) StockDPS-OLDBy: Clark Schultz, SA News Editor
  • Shares of Dr Pepper Snapple (DPS-OLD +0.9%) continue to track higher and are npw at the same level where they traded before the company's Q3 earnings were released.
  • Analysts think Dr Pepper's acquisition of Bai Brands last week could help reset some valuation expectations due to the high-growth potential of the business.
  • “The world is waiting for an iconic, new-age beverage that has the same power and relevance that Coke and Pepsi did 50 years ago,” Bai CMO Michael Simon told Brandchannel.com last year.
  • 1010data's Tim Wilson reports that Bai is getting $0.45 for every dollar being spent online for sweetened beverages.
  • Previously: Dr Pepper Snapple acquires Bai Brands (Nov. 22)
  • Previously: Dr Pepper Snapple expects to double Bai Brands sales (Nov. 22)

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Dr Pepper Snapple Group, Inc.