USA: Snapple Beverage Group, Inc. Files Registration Statement for an Initial Public Offering
Triarc Companies, Inc. (NYSE: TRY) announced today that its subsidiary Snapple Beverage Group, Inc., has filed with the Securities and Exchange Commission (SEC) a registration statement for an initial public offering (IPO) of its common stock. Snapple Beverage Group will own Triarc's premium beverage business (Snapple(R), Mistic(R) and Stewart's(R)) and its soft drink concentrates business (Royal Crown(R), Diet Rite(R), RC Edge(TM) and Nehi(R)).
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