Dr Pepper Snapple Group Inc. (DPS), Plano, Texas, has reached an agreement to acquire Bai Brands LLC, Princeton, N.J., and its complete portfolio of high-growth premium antioxidant-infused beverages. The cash purchase price of $1.7 billion includes a tax benefit of approximately $400 million on a net present-value basis and will be financed through new unsecured notes and short-term commercial paper, the company says.

High Brew Coffee also announced a new distribution partnership with Dr Pepper Snapple Group, which will include expanded distribution in key markets.

Dr Pepper Snapple Group, Inc., reached an agreement to make an equity investment in BA Sports Nutrition, LLC, owner of BODYARMOR SuperDrink, a line of premium sports drinks.

Keurig Green Mountain, Inc. and Dr Pepper Snapple Group announced that the companies will develop a selection of Dr Pepper Snapple Group’s iconic brands for the forthcoming Keurig Cold at-home beverage system.