Exclusive: Dr Pepper Snapple in talks to buy Bai Brands - sources

The talks come after Reuters reported on Oct. 3 that Bai was exploring a sale, sending Dr Pepper Snapple shares lower on concerns that its distribution of Bai would be jeopardized if sold to a rival such as Coca-Cola Co and PepsiCo Inc . Dr Pepper Snapple is just one of the companies that the antioxidant drink brand is talking to ahead of bids being submitted in an auction for the company, and there is no certainty it will prevail with its bid, the people said. Dr Pepper Snapple may be willing t