Pepsi to pay stock to blacks who invested in South African company

May 1998
Jet;05/18/98, Vol. 93 Issue 25, p14
Reports on the agreement by PepsiCo Incorporated to pay stock to the black investors, who lost money in New Age Beverages, its bottling company in South Africa, according to the Wall Street Journal. Value of the stock payment made to the black investors; Identification of some of the original investors in the New Age Beverages; Background information on New Age Beverages company.


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