(Reuters) – Coca-Cola Co took the unusual step of shooting down a report on Monday that said it was in talks to buy energy drink maker Monster Beverage Corp, valued at more than $ 11 billion (6.7 billion pounds). The statement from the world’s largest soft drink maker came in response to a story in the Wall Street Journal that said Coke was in discussions to buy the fast growing energy drink maker, whose brands include Monster Energy and Java Monster. Coke and Monster had discussed a possible deal as recently as last year, according to two sources familiar with the matter. …
Coke says not in talks to buy Monster Beverage
by admin on Monday, April 30th, 2012 | Comments Off
