Email:
Password:
Remember Me |
Forgot Your Password?
Some Wall Street Experts See Coca-Cola Buying Out Monster Beverage
September 1, 2017: 12:00 AM EST
Wall Street observers, including experts like The Street founder Jim Cramer, think there’s a very good chance that Coca-Cola will buy energy drink maker Monster Beverage. The company, which already owns 16.7 percent of Monster, could see a buyout as a way to advance its portfolio expansion strategy – including through acquisitions – while gaining a larger share of the U.S. beverage market. It would also like to reverse declines in soda sales – down 16.7 percent year-over-year in the 2nd quarter – and lackluster stock value gains caused in part by the tidal wave of consumer interest in more healthful foods and beverages.
"Is Coca-Cola Mulling Over the Buyout of Monster Beverage?",
NASDAQ
, September 01, 2017, © The NASDAQ, Inc.
Domains
FOOD BUSINESS NEWS
News
Companies
Market News
Strategy
Geographies
Worldwide
North America
United States of America
Categories
Coca-Cola
Companies, Organizations
Deals, M&A, JVs, Licensing
Market News
Monster
See also:
Home
|
Privacy Policy
|
Terms and Conditions
|
Contact Us
Copyright © 2000-2019 Business360 Inc. All Rights Reserved
Developed by Yuri Ingultsov Software Lab.