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Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Dr Pepper Snapple Group, Inc. (“Dr Pepper” or the “Company”) (NYSE: DPS) to Keurig Green Mountain, Inc. Under the terms of the transaction, Dr Pepper shareholders will receive $103.75 per share in a special cash dividend and retain 13% of the combined company.
The investigation concerns whether the Board of Dr Pepper breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Keurig Green Mountain, Inc. is underpaying for Dr Pepper shares, thus unlawfully harming Dr Pepper shareholders.
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