Pepsi Buys Energy Drink Maker Rockstar For $3.9 Billion

CNBC
By Staff of CNBC
Business News Television Channel •

PepsiCo will acquire Rockstar Energy in a $3.85 billion deal, doubling down on energy drinks and with an eye toward turning around its struggling Mountain Dew brand.

CNBC’s Sara Eisen joins “Squawk Box” by phone with the details of PepsiCo’s decision to buy energy drink company Rockstar.

 

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