PURCHASE, N.Y. — PepsiCo here has proposed to acquire all of the outstanding shares of common stock it doesn’t already own in its two largest bottlers: The Pepsi Bottling Group and PepsiAmericas. Upon acquiring the outstanding shares, PepsiCo would handle distribution for about 80% of its total North American trading volume, including both its direct-store delivery and warehouse systems, allowing it to more nimbly respond to changing market conditions, company officials said. The total ...

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