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Update: The Coca-Cola Company is NOT in Discussions to Acquire Monster Beverage

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April 30, 2012 – Comments (0) | RELATED TICKERS: KO , MNST

This morning, The Wall Street Journal said that The Coca-Cola Company was in talks to acquire the Monster Beverage Company in what would be the company’s largest acquisition to date (Monster has a market cap of over $11 billion). However, at 4PM Eastern, Coke issued a statement denying that there are any acquisition talks and simply chalked it up to standard communication that the two parties have over their existing distribution relationship. Sorry folks, no deal today…

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