"We ran into challenges." That was how Thierry Sorhaitz explained the dramatic drop in sales of Morinda Inc.’s Tahitian Noni Juice for the past two years. Sorhaitz is Morinda general manager for the ...
New Age Beverages will pay for Morinda with $75 million in cash and $10 million in restricted stock. In exchange, Morinda will bring $25 million in working capital and no debt. The deal is expected to ...
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