pepsi bankruptcy history - Search
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  2. 1923
    • According to 3 sources
    In 1923, the Pepsi-Cola Company entered bankruptcy—in large part due to financial losses incurred by speculating on the wildly fluctuating sugar prices as a result of World War I. Assets were sold and Roy C. Megargel bought the Pepsi trademark.
    After years of success, Caleb Bradham lost Pepsi Cola. He had gambled on the fluctuations of sugar prices during World War I, believing that sugar prices would continue to rise — but they fell instead, leaving Caleb Bradham with an overpriced sugar inventory. Pepsi Cola went bankrupt in 1923.
    When Pepsi declared bankruptcy in the spring of 1923, a group of creditors took control of the company’s trademark, patents, and other assets for just $30,000. That summer, Roy Megargel created a new Pepsi-Cola company and bought the creditors out for $35,000.
     
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  12. PepsiCo - Wikipedia

    WEBHistory. Origins. The soft drink Pepsi was developed by Caleb Bradham, a pharmacist and businessman from Duplin County, North Carolina. He coined the name "Pepsi-Cola" in 1898 marketing the drink from his …

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  17. Caleb Bradham (1867 – 1934) - North Carolina History

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