Dr. Pepper Snapple Group (DPS) announced after the bell Tuesday that it agreed to license certain brands to PepsiCo Inc. (PEP) on completion of PepsiCo's proposed acquisitions of The Pepsi Bottling Group Inc. (PBG) and PepsiAmericas Inc. (PAS). Dr. Pepper Snapple will receive a one-time upfront payment of $900 million. The stock is now up 1.45 on 9K shares.
Dr. Pepper Snapple fell early Tuesday, but recovered some ground during the second half of the morning. Shares finished down by 0.19 at $26.75.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.