PepsiCo refiles FTC notification

October 13, 2009
/ Print / Reprints /
/ Text Size+

PepsiCo, Purchase, N.Y., said it has withdrawn and will refile the notification and report forms filed with the Federal Trade Commission (FTC) in order to provide the FTC an additional 30 days to review its proposal to acquire all of the outstanding shares of common stock it does not already own in Pepsi Bottling Group Inc. and PepsiAmericas Inc. under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act).
PepsiCo originally filed its notification and report forms on Sept. 11, but following informal discussions with FTC staff, the company said it plans to withdraw both its PBG and PAS notification and report forms, effective today, and will refile them on Oct. 15. Upon refiling, the FTC will have a 30-day period in which to determine whether to issue a Request for Additional Information (“Second Request”) or close its investigation.
The company added that it will continue to respond to any informal requests by FTC staff to provide additional information as needed. PepsiCo says it continues to expect to close both transactions by late this year or early 2010.

 Did you enjoy this article? Click here to subscribe to Beverage Industry.  

You must login or register in order to post a comment.



Image Galleries

International Pineapple Day at Bahama Breeze

In celebration of International Pineapple Day on April 2, Bahama Breeze locations across the country invited the media and consumers to celebrate with cocktails that feature the tropical flavor of the pineapple. (Photos by Liz Parker and Jennifer Haderspeck)

10/10/13 2:00 pm EDT

Ditch the weighting agents: A cost effective solution for delivering flavors and actives

Available On Demand Learn how to reduce costs and energy use by enabling high oil load emulsions, eliminating the need for weighting agents like brominated vegetable oil (BVO).

Beverage Industry Magazine

BI April 2014 cover

2014 April

The April 2014 Beverage Industry includes a cover story on moonshine, as well as articles about CSD brands, whiskey, and more. Check it out today!

Table Of Contents Subscribe

Beverage Insider eNewsletter

Are you an Insider? Subscribe to Beverage Industry’s weekly e-newsletter to receive news headlines, new product information and magazine highlights.   

Spirits Segments

Which spirits segment will perform the best in 2014?
View Results Poll Archive


Cleaning-in-Place: Dairy, Food and Beverage Operations, 3rd Edition

This book addresses the principles of cleaning operations, water supply issues and the science of detergents and disinfectants.

More Products


Beverage Industry Webinars are an easy, effective and convenient way to get educated and informed on the latest industry trends and topics. All Webinars are FREE unless indicated. For more information, check out our Events page!


facebook40 twitter    youtubelinked