Dr Pepper to replace Wrigley in S.&P. 500
September 30, 2008
by Eric Schroeder
NEW YORK — Standard & Poor’s announced Dr Pepper Snapple Group Inc. will replace Wm. Wrigley Jr. Co. in the S.&P. 500 after the close of trading on Oct. 3.
Wrigley is being acquired by Mars, Inc. in a transaction that is expected to be completed before the market opens on Oct. 6.
Plano, Texas-based Dr. Pepper Snapple Group will be added to the S&P 500’s soft drinks sub-industry index.