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Dr. Pepper Snapple & Keurig
#1
Dr Pepper Snapple to combine with Keurig Green Mountain

-Dr Pepper Snapple Group (NYSE: DPS) announces a merger with Keurig Green Mountain to create Keurig Dr Pepper.
-Dr Pepper Snapple shareholders will receive $103.75 per share in a special cash dividend and retain 13% of the combined company.
-DPS +32.56% premarket to $126.80.

https://seekingalpha.com/news/3325983-dr-pepper-snapple-combine-keurig-green-mountain
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#2
I'm sure most of you (like me) own DPS and possibly Keurig. Are you going to just sell & move on or hang on and see what happens?
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#3
Haven't decided for sure yet, but strongly leaning towards selling out of DPS and rolling proceeds over into one or both of Hormel (HRL) and McCormick (MKC).

I'm not sure that I like the Keurig portion of the business, and get pretty much the same yield as I had with DPS if I move into either of the other ideas.
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#4
I'm also probably going to sell too. I also don't like the Keurig portion of the business either, but needed to look at the other parts of the business before deciding for sure to sell. I thought Keurig was privately held. Where did you find the yield?
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#5
Well considering the deal is much higher then expected I sold this morning. I almost never hold once a company merges as the deal could always fall through or not be approved. When you have a stock up $30+ points you hit the sell button lol

I haven't decided what to do yet with the proceeds but I did buy some AAPL for my son. I will most likely put the rest in something that pays a same like yield. Maybe SBUX and MKC or SJM.
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#6
I sold. I don't like the Keurig part of the business, either.
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