Hello, I'm an expert in the field of corporate acquisitions and brand management. Let's dive into the question at hand.
Pepsi Cola is not owned by Coca Cola. These are two separate companies with distinct histories and product lines.
PepsiCo, the company that produces Pepsi Cola, was founded in the 1960s through the merger of Pepsi-Cola and Frito-Lay. On the other hand,
Coca Cola is produced by The Coca Cola Company, which has its own separate history and is not affiliated with PepsiCo.
So, to summarize:
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PepsiCo is the parent company of Pepsi Cola.
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The Coca Cola Company is the parent company of Coca Cola.
- Both companies are competitors in the soft drink market.
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