PepsiCo will buy Quaker Oats for $13.4 billion in stock, giving PepsiCo a new array of food and beverage products, including Quaker's big seller -- Gatorade. The deal gives PepsiCo a boost in its battle with arch rival Coca-Cola over customers who drink non-carbonated beverages. Coke withdrew a pricier bid for Quaker Oats last month. NPR's Jim Zarroli reports.
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