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Wednesday, March 11, 2020 4:45:17 PM
By Cara Lombardo
Updated March 11, 2020 8:38 am ET
PepsiCo Inc. agreed to buy Rockstar Energy Beverages, in a move to expand the beverage giant’s presence in the fast-growing energy-drink category.
PepsiCo is to pay $3.85 billion for closely held Rockstar, the companies said Wednesday, confirming an earlier Wall Street Journal report.
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