|
Quotes & Info
|
| DPS > SEC Filings for DPS > Form 8-K on 2-Mar-2009 | All Recent SEC Filings |
2-Mar-2009
Other Events, Financial Statements and Exhibits
In a press release on March 2, 2009 Dr Pepper Snapple Group, Inc. (the "Company") announced that Hansen Beverage Company ("Hansen") has paid $48 million to the Company in settlement of the termination last November of the Company's agreement with Hansen to distribute Monster Energy drinks in the U.S. The Company will record a $45 million one-time gain in its first quarter 2009 related to the settlement and the write-off of related intangibles. Proceeds from the settlement are expected to be used to reduce debt. A copy of the Company's March 2, 2009 press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
(d) Exhibits
99.1 Press Release issued March 2, 2009 by Dr Pepper Snapple Group, Inc. - "Dr Pepper Snapple To Record $45 Million One-Time Gain In First Quarter 2009"
|
|