SAN FRANCISCO (MarketWatch) -- Starbucks Coffee Co., PepsiCo Inc. and Unilever have entered a licensing agreement to manufacture, market and distribute Starbucks' Tazo Tea beverages in the U.S. and Canada, said the companies in a joint statement late Tuesday. Tazo's ready-to-drink line will be integrated into the Pepsi/Lipton Tea Partnership, expanding the joint venture between PepsiCo and Unilever. Financial details of the deal were not released.
Market Watch
Wednesday, August 20, 2008
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