Less than a month after
failed in its bid to buy
is looking to pay approximately $16 billion for Quaker, the maker of Gatorade and other consumer products.
Quaker is also reportedly considering a bid from French company
Pepsi and Quaker reportedly could not
agree on a price. Pepsi had been holding talks to acquire Quaker Oats for more than $14 billion in stock.
What's the draw? The beverage makers want to get popular Gatorade under their label.