TheCoca-ColaCo. issued the following statement regarding media reports related to Monster Beverage Corp. VendingMarketWatch reported the story Tuesday, May 1, 2012, carried in The Wall Street Journal.
Coca-Cola Co.’s statement is:
"Coca-Colahas 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."
