Is Pepsi Okay? The History Behind PepsiCo
Is PepsiCo (PEP) - Get PepsiCo Inc. Report Okay?
In 1893, Caleb Bradham first introduced Pepsi as "Brad's Drink" in North Carolina.
The soda was renamed in 1898 and--similarly to its rival, Coca-Cola (KO) - Get Coca-Cola Company (The) Report --earned part of its name from the coca leaf, which was a main ingredient in Pepsi. (Watch Share a Coke: A History of Coca-Cola)
Related.Chart of the Day 2: North America Is the Big Battleground for Pepsi and Coke
In 1922 and 1933, Coca-Cola was offered the chance to buy Pepsi and it turned down the opportunity both times.
In 1997, Pepsi spun-off its Pizza Hut, KFC and Taco Bell restaurants into the company that became YumBrands (YUM) - Get Yum! Brands Inc. Report .
To learn more about the company's history, watch the video above.
Related.Wall Street Sees Safe Stock Story for PepsiCo Under New CEO Laguarta
Related.Chart of the Day: Can Pepsi Push Past La Croix For Seltzer Sippers?
