Is Coca-Cola thinking about an acquisition with Monster Beverage Corporation? Coca-Cola has denied all claims of this so-called rumor. However, many investors believe this is true because Coca-Cola has been trying to boost their sales with the energy drink sector of the company. If this were to take place, Monster would be Coca-Cola's largest brand acquisition ever. Another piece of evidence pointing towards an acquisition is the fact that shares of Monster sky-rocketed to 27% more than it was. So, I guess only time will tell if this profitable acquisition will transpire.
No comments:
Post a Comment