Monday, April 30, 2012

Reuters: Mergers News: Coca-Cola in talks to buy Monster-WSJ

Reuters: Mergers News
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Coca-Cola in talks to buy Monster-WSJ
Apr 30th 2012, 16:08

April 30 | Mon Apr 30, 2012 12:08pm EDT

April 30 (Reuters) - Coca-Cola Co is in talks to buy energy drink maker Monster Beverage Corp, the Wall Street Journal reported on Monday.

An acquisition of Monster, which has a market capitalization of more than $11 billion, would be the largest brand acquisition for Coca-Cola, according to the paper.

A Monster spokeswoman said it is the company's policy not to comment on rumors.

A spokesman for Coca-Cola was not immediately available to comment.

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