NetworkNewsWire Editorial Coverage: With sales of carbonated drinks steadily declining for more than a decade, major players in the space are eager to find ways to expand their portfolios into the booming craft beverages and bottled water sectors. One way to accomplish that may be the M&A route, with companies such as The Alkaline Water Company (NASDAQ: WTER)(CSE: WTER) (WTER Profile), one of the fastest-growing enhanced water companies in the industry, looking like an attractive option. In the meantime, Cola Company (NYSE: KO) is making strides on its previously announced Beverages for Life strategic transformation. New Age Beverages Corporation (NASDAQ: NBEV) has entered into a definitive agreement to acquire ARIIX, together with four additional companies in the e-commerce and direct-selling channels. Nestle (OTC: NSRGY) is sharpening its water focus on international, premium mineral and functional brands while exploring strategic options for parts of its North American business. And Monster Beverage Corporation (NASDAQ: MNST) is reporting sequential improvement in sales during the latter-half of the quarter after…
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