The beverage industry as a whole is an exciting market to be in. This is a multi-billion dollar industry where deals are always being signed and takeovers are always happening.
We have seen Grey Goose get bought out by Bacardi for $2 Billion cash in the largest single brand transaction ever.
Coca-Cola bought the Vitamin water brand for over 4 Billion from Glaceau. 50 Cent aka Curtis Jackson made an estimated $100 million after taxes on this transaction. He elected to be paid in company stock rather than cash. This was a great move for him.
Hansen Natural Corporation (HANS) now trades at a 3.4 billion dollar market cap thanks to the Monster Energy Drink beverage line.
Pepsi signed a huge deal to distribute Muscle Milk.
Coca-Cola signed a deal to distribute Arizona Iced Tea and RockStar Energy drinks.
Keep your eye on ICNB in the morning. We feel that technically the stock looks great.
More information about the company may be found at www.iconicbrandsusa.com.
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