Peltz Makes Quick Work of Cadbury Schweppes (CSG)
Nelson Peltz activist target, Cadbury Schweppes (NYSE: CSG), announced today they intend to separate its confectionery and Americas Beverages businesses. Many now expect the Americas Beverages, which includes Dr Pepper and 7Up, to be sold.
On Tuesday, Cadbury Schweppes noted that Peltz and his affiliates amassed a nearly 3% stake in the company.
Wow - that was fast!