Oct 17, 2010 11:34 PM by Chris Welty
NEW ORLEANS (AP) - The great-grandchildren of the founder of
Barq's root beer are suing the Coca-Company, claiming Coca-Cola
doesn't legally own their share of Barq's.
The suit outlines the long and complicated history of the Barq's
family in Louisiana and Mississippi, dating back more than a
The suit was filed in U.S District Court in Louisiana last
month, seeking an unspecified amount.
Coca-Cola spokesman Kel Villarrubia told The Times-Picayune that
the claims are bogus.
The lawsuit claims Coca-Cola didn't have the legal right to
purchase a certain one-third share of the Barq's company when its
acquisition was made in 1995, despite signed contracts to the
Coca-Cola purchased Barq's for $91 million.
1 hour ago