Pepsi's mysterious merger attempt unconfirmed

Julio 23, 2007
Nestle today refused to confirm reports that they had turned down a merger with PepsiCo last spring, a deal that would have created one of the largest and most powerful food and beverage companies in the world.
Media spokesman François-Xavier Perroud did tell BeverageDaily.com however that such an acquisition would not fit in with Nestle's focus on the health and wellness market.
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