Anheuser-Busch, Hansen Reach Deal
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From Bloomberg News
Anheuser-Busch Cos., seeking to counter waning beer sales, agreed to distribute Monster Energy drink from Hansen Natural Corp.
The world’s largest brewer also will distribute Lost and Rumba energy drinks, Anheuser-Busch and Hansen said. Financial terms of the agreement were not disclosed.
Shares of Corona, Calif.-based Hansen jumped $24.59 to $176.24. Anheuser-Busch rose $1.03 to $46.81.
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