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Friday, June 22, 2007
Easter Eggs
When I think of Easter Eggs, I think of Cadbury. It seems like everone has eaten one of their Cadbury Easter eggs. But this company also owns the U.S.unit that makes 7-up, Dr. Pepper and Snapple soft drinks. Cadbury Schweppes PLC is planning to close 15 percent of its candy factories by 2011. This will cut about 7,500 jobs and will likely sell the U.S. unit that makes the soft drinks mentioned above. The company had announced it planned to separate its drinks and candy businesses. Now it appears they will sell the beverage business.
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