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Left to sow its own oats?; FTC rebuff of Pepsi deal would leave Quaker back at square one.(Federal Trade Commission, merger of Pepsi Co. and Quaker Oats Co.)(Brief Article)

Crain's Chicago Business, July, 2001 by Gallun, Alby

As federal antitrust regulators move to block its marriage with PepsiCo Inc., Quaker Oats Co. faces the prospect of single life again-if only temporarily. The courtship of Chicago-based Quaker will likely begin all over again if the Federal Trade Commission (FTC) refuses to bless the acquisition, a growing possibility following news reports last week that FTC staff has recommended that commissioners vote against the deal.

Though the list of potential suitors has shrunk, analysts say Cadbury Schweppes plc, Kraft Foods Inc., Nestle SA and Groupe Danone SA could all be in the mix. That-along with Quaker's recent strong earnings performance-is the silver lining for investors, who have seen their shares slide in recent weeks amid growing concern that the deal...

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