PepsiCo and Pepsi Bottling to invest $1 billion in Russia over several yearsNEW YORK — Soft drink and snack maker PepsiCo Inc. said Monday it will team up with its largest bottler, Pepsi Bottling Group, to invest $1 billion in Russia over three years. PepsiCo sues Pepsi Bottling Group over approval of “poison pill”MILWAUKEE — Soft drink maker PepsiCo Inc. said Monday it is suing its largest bottler, marking the company’s first move since Pepsi Bottling Group and another bottler rejected takeover bids last week. Pepsi Bottling Group turns down PepsiCo acquisition offer, says it is ‘grossly inadequate’MILWAUKEE — Pepsi Bottling Group Inc. said Monday that it has rejected what it called a “grossly inadequate” acquisition offer from PepsiCo Inc., but analysts said that doesn’t mean the deal is over, just that Pepsi needs to offer more money. |