Quaker Oats bought Snapple for $1.7 billion in 1994 and quit using Wendy.

Also in 1994, Quaker Oats bought Snapple, a beverage manufacturer, for $1.7 billion.

The company also made pet foods (Kibbles 'n' Bits), and even bought Snapple, before selling it at a huge loss in 1997.

After buying Snapple, Quaker spoke of the company's achieving "annual earnings growth of at least 10 percent after inflation."

Last week Quaker Oats, itself rumored as a takeover target, announced an agreement to buy Snapple for $1.7 billion, or $14 a share, in cash.

Quaker bought Snapple for $1.7 billion in 1994 and sold it to Triarc in 1997 for $300 million.

In 1994, for example, Quaker Oats bought Snapple for $1.4 billion.

But almost all those who bought Snapple more than six months after it went public will emerge poorer for the experience.

The Quaker Oats Company bought Snapple for $1.7 billion in 1994.

I found out they bought Snapple.