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PepsiCo could soon announce a deal to buy Rockstar Energy Beverage for $3.9 billion--WSJ [MarketWatch]
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PepsiCo could soon announce a deal to buy Rockstar Energy Beverage for $3.9 billion--WSJ PepsiCo Inc. PEP, +3.06% is getting close to a deal to buy Rockstar Energy Beverages for $3.85 billion, according to a Wednesday report in The Wall Street Jounal . The deal could be announced as soon as Wednesday, the WSJ report said, citing people familiar with the matter. Rockstar, which PepsiCo distributes, is one of several major energy drink brands which includes Red Bull Gmbh and Monster Beverage Corp. msnt . Rockstar was founded in 2001 by Russell Weiner. PepsiCo's stock, which was indicated down nearly 4% in premarket trading, has lost 2.2% over the past three months through Tuesday while the S&P 500 SPX, +4.94% has shed 8.3%.
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