Monster Beverage (MNST) PT Lowered to $56 at Roth/MKM
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Monster Beverage Corporation Announces Final Results of Tender Offer
June 10, 2024 6:30 AM EDTMonster Will Acquire 56,603,773 Shares at $53.00 Per Share
CORONA, Calif., June 10, 2024 (GLOBE NEWSWIRE) -- Monster Beverage Corporation (Monster) (NASDAQ: MNST) announced today the final results of its modified Dutch auction tender offer, which expired at 11:59 p.m., New York City time, on June 5, 2024.
Based on the final count by Equiniti Trust Company, LLC, the depositary for the tender offer, a total of 119,018,767 shares of Monsters common stock were validly tendered and not validly withdrawn at the final purchase price of $53.00 per share or as purchase price tenders, which includes... More
