date:Nov 13, 2012
The proposed merger between soft drink companies Britvic and AG Barr has hit a roadblock after facing criticism from Britvics eighth-biggest shareholder Harris Associates regarding the terms of the deal.
Both the firms are in discussions over a possible 1.4bn all-share merger deal.
Britvic, a British producer of soft drinks, owns Robinsons, Tango, J20 and Fruit Shoot, and also sells PepsiCo under an exclusive license, while AG Barr product portfolio includes Irn-Bru, Tizer and Rubicon.
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