KFDA - NewsChannel 10 / Amarillo, TX: newschannel10.comPepsi Bottling Ventures to buy SC bottler
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RALEIGH, N.C. (AP) - Pepsi Bottling Ventures LLC, a privately held bottler of Pepsi drinks, said Thursday it will buy Pepsi Cola Bottling Company of Conway-Myrtle Beach Inc.
Pepsi Bottling Ventures said it had signed a letter of intent to buy the Conway, S.C.-based bottler and to close the acquisition by the end of December. The terms of the deal were not disclosed.
The South Carolina bottler is owned by two sisters, Anne Ervin and Hayden Quattlebaum. It was founded by their grandfather, William E. Carpenter.
Pepsi Bottling Ventures is based in Raleigh, N.C.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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