JaguarConsumer Weekly Callouts – July 2 (CHD, CL, CLX, ELF, GIS, MNST)

According to court documents last week, Monster Beverage (MNST) plans to acquire most of the assets of Bang/VPX out of bankruptcy for $362M. The acquisition is subject to FTC approval, with an outside date for completion of August 3rd after which time Bang is likely to seek liquidation (conversion from chapter 11 to 7). Relatedly, the FTC has indicated it would issue a second request under HSR preventing the parties from closing a sale at least unt