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Article: WENDY'S, PEPSI CROSS-FILE $300M SUITS.(Business)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- November 14, 1986
CopyrightCOPYRIGHT 1986 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Bill Menezes
Wendy's International Inc. said Thursday it had sued PepsiCo Inc. for $300 million for alleged damages resulting from the hamburger chain's decision to drop Pepsi in favor of Coca-Cola Co. products at its company-owned restaurants.
The suit filed Wednesday in U.S. District Court in Columbus, Ohio, preceded by hours a state court suit Pepsi filed in New York, seeking $300 million from Wendy's and Coca-Cola in connection with the same dispute.
At issue was the Oct. 15 announcement by Wendy's and Coca-Cola that Wendy's no longer would serve Pepsi products at its 1,212 company-owned restaurants.
Wendy's claimed ...