Diva's Den

[Robertscott]

$LTEA is in a space that is prime for M&A. In November 2016, Dr. Pepper Snapple Group agreed to purchase Bai Brands for $1.7 billion, a health-focused beverage company. Since LTEA is similar to Bai Brands and focuses on healthy alternatives to soda and other unhealthy drinks filled with preservatives and sugar, Long Island Iced Tea could be a target for some large beverage companies looking to attract health-conscious consumers. https://investmentresearchreport.com/LTEA/