Drink in a little history with your latest round of earnings reports.

PepsiCo  (PEP - Get Report) recently reported earnings, beating estimates, but disappointing on guidance. But as with with any massive consumer conglomerate, there's more to Pepsi than earnings reports and analysts expectations. 

Did you know that Coca-Cola (KO - Get Report) was offered the chance to buy Pepsi three times in the past? 

Find out about a little M&A gone awry in the video above. 

PepsiCo is Real Money's stock of the day. Read the latest on the stock here

 

This article was written by a staff member of TheStreet.