The Coca-Cola Company Says Not in Discussions to Acquire Monster Beverage Corporation

The Coca-Cola Company KO today issued the following statement regarding media reports related to Monster Beverage Corporation MNST. “Coca-Cola has a distribution relationship with Monster in many markets, including the United States. Therefore, we are always in contact with Monster to maximize the value of our commercial arrangements. At this time, we are not in discussions to acquire the Monster Beverage Corporation. We continue to review the best ways to maximize the value of our relationship.”