Beverage jolt: Celsius skyrockets after inking deal to acquire Alani Nu (CELH:NASDAQ)


CELSIUS Arctic Vibe Launch Party

Aaron Davidson/Getty Images Entertainment

Celsius Holdings (NASDAQ:CELH) skyrocketed in late trading on Thursday after the company announced an acquisition of Alani Nutrition LLC for $1.8 billion. The strategic move combines two growing brands in the U.S. energy drink market, creating a leading better-for-you, functional lifestyle platform.


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