Business

Coca-Cola bets on energy drinks with Monster stake

By Washington Examiner
Published August 14, 2014 10:11pm ET
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Coca-Cola bets on energy drinks with Monster stake
ATLANTA (AP) — Coca-Cola is buying a 16.7 percent stake in Monster Beverage for $2.15 billion, with the world’s biggest soda maker hoping to benefit from the surging popularity of energy drinks. The Atlanta-based company said Thursday it will also place two directors on Monster’s board as part of the deal. Analysts had suggested for […]

ATLANTA (AP) — Coca-Cola is buying a 16.7 percent stake in Monster Beverage for $2.15 billion, with the world’s biggest soda maker hoping to benefit from the surging popularity of energy drinks.

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