The Coca-Cola Co. (NYSE: KO) will pay $2.15 billion to acquire a 16.7% stake in Monster Beverage Corp. (Nasdaq: MNST). Shares of Coca-Cola rose 59 cents to $40.77 while Monster stock jumped $19.28 to $90.93.
Coca-Cola invests in Monster
August 15, 2014 at 12:15 PM EDT