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From: woods@hao.UUCP (Greg Woods)
Newsgroups: net.rumor,net.misc
Subject: Re: Pepsi and AT&T merger (really 7up)
Message-ID: <1927@hao.UUCP>
Date: Mon, 27-Jan-86 15:14:56 EST
Article-I.D.: hao.1927
Posted: Mon Jan 27 15:14:56 1986
Date-Received: Thu, 30-Jan-86 01:59:27 EST
References: <1194@lll-crg.ARpA> <11521@ucbvax.berkeley.edu.BERKELEY.EDU>
Organization: High Altitude Obs./NCAR, Boulder CO
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Keywords: Pepsi, 7up
Xref: watmath net.rumor:1229 net.misc:9224

> Rumor has it that Phillip Moris owner of 7up is looking to sell 7up.
> Pepsi is looking to buy 7up, this will give Pepsi 35% of the soft drink
> market to Coke's 37%
> 
> -Kevin

   This is no longer a rumor. Pepsi has bought 7up. The reason Phillip 
Morris wanted to sell 7up is that the un-cola has been very un-successful,
losing millions last year. Pepsi will probably just write off the loss
on their taxes.

--Greg