[post_page_title]Quaker Oats faces some Real Facts[/post_page_title]
Is there anything better than a refreshing bottle of Snapple? Founded by three friends in 1972, they said they knew “as much about juice as about making an atom bomb.” Still, the drink was a success and the founders were bought out for an estimated $140 million in 1992.
Then, just two years later, the buyer sold the company himself to Quaker Oats for a whopping $1.7 billion. Stiff competition in the beverage market, however, forced Quaker to sell Snapple again three years later – for only $300 million.
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