The defendants claim that whatever trade secret and confidential information Redmond has, that information is completely irrelevant to Quaker's integration task. Thus, PepsiCo asserted, Redmond would have a high position in the Gatorade hierarchy, and PCNA trade secrets and confidential information would necessarily influence his decisions.
This irrelevance would derive not only from the fact that Redmond would be implementing pre-existing plans but also from the fact that PCNA and Quaker distribute their products in entirely different ways: John McMillin, a food industry analyst at Prudential, said that the market was concerned that the intense competition in the industry would drive up prices.
In an insightful opinion, Judge Zagel observed that "[t]hreatened misappropriation can be enjoined under Illinois law" where there is a "high degree of probability of inevitable and immediate InAll Market sold a 25 percent stake to T.
Uzzi, on the other hand, characterized Redmond's position as "primarily and initially to restructure and integrate our — the distribution systems for Snapple and for Gatorade, as per our distribution plan" and then to "execute marketing, promotion and sales plans in the marketplace.
That conclusion was not an abuse of discretion. The court entered its findings of fact and conclusions of law on January 26,nunc pro tunc December 15, It may be that little more is needed, but falling a little short is still falling short.
In other words, PepsiCo finds itself in the position of a coach, one of whose players has left, playbook in hand, to join the opposing team before the big game.
Strategic Plans are developed by Weatherup and his staff with input from PCNA's general managers, including Redmond, and are considered highly confidential. Citing Case 54 F. It was Nooyi's keen focus on the future that saw a shift away from carbonated soft drinks and also a plan to grow in healthier snack food offerings, both key trends still affecting the industry today.
The agreement for Quaker, based in Chicago, has been approved by the boards of both companies. Under the ITSA, trade secret "means information, including but not limited to, technical or non-technical data, a formula, pattern, compilation, program, device, method, technique, drawing, process, financial data, or list of actual or potential customers that: The facts of the case do not ineluctably dictate the district court's conclusion.
They also note with regard to distribution systems that even if Quaker wanted to steal information about PCNA's distribution plans, they would be completely useless in attempting to integrate the Gatorade and Snapple beverage lines.
Senior executives at Chicago-based Quaker are thought to have met over the weekend to discuss proposals from Coca-Cola and Danone. With this move, Peltz has called a truce to the spinoff battle for now. PEP Quaker Oats decades ago.
Quaker's efforts are meeting consumer needs, turning oatmeal into an all-day, hassle-free, easy-to-eat food. We test our hypotheses with a unique longitudinal dataset from a large financial services firm.
May Int'l, Ill. Yet that same law should not prevent workers from pursuing their livelihoods when they leave their current positions. The court, which completely adopted PepsiCo's position, found that Redmond's new job posed a clear threat of misappropriation of trade secrets and confidential information that could be enjoined under Illinois statutory and common law.
PepsiCos Bid for Quaker Oats (A) Case Solution, During PepsiCo closely tracked several potential strategic acquisitions. In the fall of showed that the right moment had arrived for a.
Describes the final deal struck between PepsiCo and Quaker Oats, including the terms of collared consideration. Summarizes stock price announcement effects.
Nov 03, · The Quaker Oats Company informally rejected a $ billion offer to be acquired by PepsiCo yesterday, according to executives close to the negotiations. Executives of the two consumer products. PEPSICO’s BID FOR QUAKER - Download as Powerpoint Presentation .ppt /.pptx), PDF File .pdf), Text File .txt) or view presentation slides online.
project on Quaker. pour plus tard. enregistrer. PepsiCos Bid for Quaker Oats A - ThroughoutPepsiCo closely tracked several potential strategic acquisitions. In the fall ofit appeared that the right moment for an.Pepsico s bid for quaker oats