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PepsiCo Inc. said Monday it will pay about $1.7 billion for a soft-drink company that built up a social-media following after being featured on “Shark Tank,” as the beverage giant works to appeal to millennials and Gen Z with healthier offerings.
PepsiCo
PEP plans to tap into Poppi’s positioning as a “better-for-you” soda company offering prebiotic drinks with less than 5 grams of sugar per serving.
This post was originally published on Market Watch
