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Should PepsiCo Fear Coca-Cola’s Newest Investment?

May 13, 2023
in Trade Tube
Reading Time: 1 min read
A A
ShareShareShareShareShare



And the win goes to Coca-Cola today.

Coca-Cola said Tuesday it has amassed a stake in Gatorade rival BodyArmor. Look for Coke to expand distribution and ramp up marketing to take share from PepsiCo’s Gatorade.

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Meanwhile, Tesla CEO Elon Musk continues to make news via his Twitter feed. This time, he said he is working with Goldman Sachs and Silver Lake to take the company private.

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