However, The Coca-Cola Company has responded to these reports which suggests otherwise.
The company issued the following statement regarding media reports related to Monster Beverage Corporation:
Coca-Cola has a distribution relationship with Monster in many markets, including the US. Therefore, we are always in contact with Monster to maximise 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 maximise the value of our relationship.
Source: CanadianBusiness/The Coca-Cola Company
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