The second in a series on PepsiCo bid for Quaker Oats. Describes negotiations between PepsiCo and Quaker including due diligence, the rate for the first and a counter offer. Counter Quakers included collar to a fair hearing, and, thus, the case provides an opportunity to discuss the significance of these contractual devices. "Hide
by Carliss Y. Baldwin, Leonid Soudakov Source: Harvard Business School 2 pages. Publication Date: October 24, 2008. Prod. #: 209078-PDF-ENG