Cadbury Shareholders OK Beverage Spinoff

Who doesn't like Cadbury eggs? I always think about them at Easter time. Now shareholders in Cadbury Schweppes PLC voted overwhelmingly in favor of spinning off the candy company's North American beverage business, whose brands include Snapple and Dr. Pepper. I love Dr. Pepper. The business, to be called Dr. Pepper Snapple Group Inc., will be listed separately on May 7 on the New York Stock Exchange after a 99.75 percent vote in favor of the plan. Cadbury Schweppes shareholders will get shares in DPSG. The remaining company will be known as Cadbury PLC.