Pepsi will pay $1.7 billion for a soft-drink company that got its start on ‘Shark Tank’
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Pepsi is reportedly acquiring a soft-drink company that originated on 'Shark Tank' for a significant amount, potentially $1.7 billion, although some reports suggest the purchase price may be higher, up to $1.95 billion. The acquisition is part of a larger trend of major beverage companies buying alternative drink makers. However, it is unclear if this purchase is related to Pepsi's expansion into other markets, such as South Africa, where the company has also made investments.
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