The Coca-Cola Company acquired Honest Tea Company, a producer of bottled iced tea beverages. This is an example of

Name: The Coca-Cola Company acquired Honest Tea Company, a producer of bottled iced tea beverages. This is an example of
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The acquisition of Honest Tea Company by The Coca-Cola Company is an example of related diversification because both companies operate in the beverage industry, allowing Coca-Cola to expand its product line within the same industry.

The Coca-Cola Company Acquired Honest Tea Company, a Producer of Bottled