The Pepsi Bottling Group.
The Pepsi Bottling Group has lined up the acquisition of a bottling
company in New York. The company confirmed that it has signed a letter
of intent to buy Pepsi-Cola Batavia Bottling Corp for an undisclosed
sum. Family-owned Pepsi-Cola Batavia, which is a Pepsi-Cola franchised
bottler, serves New York's Genesee, Orleans and Wyoming counties
along with parts of Livingston, Alleghany and Cattaraugus counties. It
was founded in 1890 and is currently owned by Thomas and John
Houseknecht. The transaction is expected to close during the first
quarter of 2008.
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