Cadbury Schweppes to spin off Americas Beverages unit

10/10/2007 | Bloomberg · Wall Street Journal, The

Cadbury Schweppes announced plans to spin off its U.S. beverage arm to focus on its confectionery business. Cadbury Schweppes CEO Todd Stitzer declined comment on the unit's potential market value and a Wall Street Journal report that the company is in talks with Hershey's controlling trust members about possible partnership.

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Bloomberg · Wall Street Journal, The

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