PBG, PepsiAmericas shareholders approve mergers

PURCHASE, N.Y. The stockholders of the Pepsi Bottling Group and PepsiAmericas, approved and adopted their respective merger agreements with PepsiCo and Pepsi-Cola Metropolitan Bottling Co., a wholly owned subsidiary of PepsiCo.

The deal will merge PBG and PAS with and into Metro, with Metro continuing as the surviving corporation.

PepsiCo hopes to close the acquisitions, which remain subject to regulatory approvals and the satisfaction of other customary closing conditions, by the end of February 2010.