Quaker boss Robert Morrison's insistence the cereal and sports drink firm was "never looking for a buyer" has fuelled rumours the impending merger with PepsiCo is heading for the rocks. The Federal Trade Commission will decide whether to give the $13.4bn deal the green light in a matter of weeks, but staff attorneys are understood to have recommended refusal on the basis it would dampen competition in US sports drinks. One sticking point is whether the acquisition of Quaker's Gatorade sports drink would give Pepsi a dominant position in the c-store sector. {{NEWS }}