World's Largest Beverage Company Keeps Diversifying
STEVE INSKEEP, HOST:
NPR's business news starts with a monster deal.
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.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.