© 2024 WFAE

Mailing Address:
8801 J.M. Keynes Dr. Ste. 91
Charlotte NC 28262
Tax ID: 56-1803808
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

World's Largest Beverage Company Keeps Diversifying

STEVE INSKEEP, HOST:

NPR's business news starts with a monster deal.

(MUSIC)

INSKEEP: The world's largest beverage company continues to diversify. In a $2.5 billion cash deal, Coca-Cola will buy a stake in Monster, beverage maker of the popular Monster energy drink. Energy drinks are a nearly $7 billion business in the United States. Health experts have expressed concern about their high caffeine content. But energy drinks represent an area of growth in the soft drink industry, which has broadly been the target of public health campaigns. Transcript provided by NPR, Copyright NPR.

Tags
Morning Edition