Monster Near Deal To Buy Bankrupt Bang Energy For $362M; Monster Deal Jeopardized By FTC Review, Bang Says In Court
Portfolio Pulse from Happy Mohamed
Monster Beverage Corporation is reportedly close to acquiring bankrupt energy drink company Bang Energy for $362 million. However, the deal is under review by the Federal Trade Commission (FTC), which could potentially jeopardize the acquisition.
June 29, 2023 | 4:02 pm
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NEUTRAL IMPACT
Monster Beverage Corporation's potential acquisition of Bang Energy could expand its product portfolio and market share. However, the FTC review introduces uncertainty that could impact the stock price.
Acquisitions generally have the potential to boost a company's market share and product portfolio, which could positively impact the stock price. However, regulatory reviews introduce uncertainty, which can cause stock price volatility. Given that the FTC review could potentially jeopardize the deal, this introduces a level of risk that could impact Monster Beverage Corporation's stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100