© 2022 Michigan State University Board of Trustees
Public Media from Michigan State University
Play Live Radio
Next Up:
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.

News from WKAR will never be behind a paywall. Ever. We need your help to keep our coverage free for everyone. Please consider supporting the news you rely on with a donation today. You can support our journalism for as little as $5. Every contribution, no matter the size, propels our vital coverage. Thank you.