April 2 Dunkin' Brands Group Inc will
soon start serving Coca-Cola Co beverages at its Dunkin'
Donuts and Baskin-Robbins shops, instead of the PepsiCo Inc
drinks it used to serve, the company said on Monday.
Financial terms of the deal were not disclosed.
More than 9,400 Dunkin' Donuts and Baskin-Robbins
restaurants across the United States will begin the conversion
to selling Coke products, including juices, enhanced waters and
energy drinks, by August, the company said.
"Dunkin' Donuts has been a valued partner of PepsiCo over
the last five years and we've enjoyed being part of its
success," PepsiCo said in a statement.
Pizza chain Papa John's International Inc last year
switched from Coke to Pepsi.
Coca-Cola shares closed up 13 cents to $74.14 on Monday,
while Pepsi shares closed up 39 cents at $66.74. Dunkin' shares
were up 55 cents at $30.63.