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Benzinga
Benzinga
Business
Dylan Berman

Dr Pepper Stock Is Trading Lower Monday: What's Going On?

Dr Pepper JDE Peet KDP Keurig Dr Pepper
Los,Angeles,,California,,United,States,-,04-05-2019:,A,View,Of

Keurig Dr Pepper Inc. (NASDAQ:KDP) shares are trading lower Monday after the company announced the acquisition of JDE Peet’s.

What To Know: Keurig Dr Pepper said it will acquire JDE Peet's in an all-cash transaction valued at €15.7 billion, or €31.85 per share, representing a 33% premium to JDE Peet's 90-day average stock price. The deal is expected to close in the first half of 2026.

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