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Pepsi, Ben & Jerry's In Milkshake Deal

PepsiCo is expanding its non-carbonated drinks portfolio with a new line of milkshakes to be marketed this summer via a licensing deal with ice-cream maker Ben & Jerry's. The shakes will come in three unidentified flavors and will be available at grocery, convenience stores, and gas stations nationwide. They will be wrapped in what Pepsi calls "proprietary" glass bottles, said company spokesperson Michelle Naughton. The deal is the first of its kind for Vermont-based Ben & Jerry's, and for Pepsi it extends a non-carbonated product lineup that includes milk-based drinks such as Frappuccinos, Starbuck's Double Shots and Quaker Milk Chillers.

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