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Coca-Cola Delivers This Monster Jolt To 'Exclusive' Energy-Drink Partner

Monster Beverage[ticker symb=MNST] shares dropped after Coca-Cola[ticker symb=KO] revealed it's developing its own energy drinks which could compete with the brand. The soft drink behemoth had touted the smaller firm as its "exclusive energy play" when it agreed in 2014 to take a 16.7% equity stake in the energy drink maker as part of a distribution partnership. Monster said it is...