May 25, 2007
Coca Cola to Acquire Energy Brands for $4.1 billion
The deal is not a surprise: it had been reported earlier in the week that Coca Cola had previously filed a Hart-Scott-Rodino Act notification, a required antitrust filing for the transaction. It also appears that Coca-Cola, which makes the Dasani water brand and has rights to license and distribute Dannon and Evian water in the United States, does not expect a full antitrust review. Such a review would postpone completion of the transaction until the Fall or later, but Coca Cola announced in its press release that it expects the transaction to close this summer.
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