Pepsi renews Subway deal

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Pepsi-Cola Co., Purchase, N.Y., said it renewed its contract with Subway Restaurants, Milford, Conn., operator of 11,500 U.S. sandwich shops. The beverage marketer sells its products in some 83% of the Subway chain. Archrival Coca-Cola Co. supplies the rest of the U.S. outlets, a Subway spokeswoman said. The chain will link with Pepsi this summer in a Major League Baseball sweepstakes, the companies said.

Copyright June 1999, Crain Communications Inc.

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