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Wajeeh Khan

Keurig Dr Pepper Is Buying JDE Peet’s. Should You Buy the Dip in KDP Stock Here?

KDP Keurig JDE Peet Keurig Dr Pepper Jefferies

Keurig Dr Pepper (KDP) shares tanked more than 10% on Aug. 25 after the soft drink company announced plans of buying JDE Peet’s (JDEPY) – a Dutch beverage firm – for about $18.4 billion. 

Following the acquisition, the company will split into two separate, publicly traded entities:

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