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Looking to grease the wheels regarding its acquisition of Quaker Oats, PepsiCo has resumed talks with Cadbury Schweppes in an attempt to unload its All Sport beverage.
Pepsi and Atlanta-based beverage manufacturer Monarch reached an agreement in May. However, the Federal Trade Commission raised questions about Monarch's credibility as a buyer (Brandweek, June 11). A source close to the FTC said,"The FTC is building a very strong case against this deal. If Cadbury is not there, this deal...