Monster beverage completes acquisition of bang energy

Corona, calif., july 31, 2023 (globe newswire) -- monster beverage corporation (nasdaq: mnst) today announced that its subsidiary, blast asset acquisition llc, completed its acquisition of substantially all of the assets of vital pharmaceuticals, inc. and certain of its affiliates (collectively, “bang energy”) for a purchase price of approximately $362 million, subject to adjustments. the acquired assets include bang energy beverages and a beverage production facility in phoenix, arizona.
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