Monday, February 7, 2011

Coca-Cola may be preparing to acquire Honest Tea

Coca-Cola made a $43 million dollar investment in Honest Tea to help the brand move forward and expand beyond its previously small market. Now with business growing, speculation is brewing regarding the possible acquisition of Honest Tea by their new friend, Coca-Cola. Ready-to-drink-teas have climbed through the recession, while Coca-Cola has been losing money on soda products.

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