The Latest Breaking News from John Fieldly

A popular energy drink has just acquired its biggest rival for $1.8 billion amid revenue declines.

The purchase price consideration comprises $1,275 million of cash and a $25 million earn-out and $500 million (or approximately 22.5 million shares) of newly issued restricted shares of Celsius Holdings common stock, representing approximately 8.7% pro-forma ownership.

Here's what could happen to Celsius Holdings shares next.

Celsius stock on the move. The energy drink leader soared more than 20% Wednesday, breaking out past a buy point on record quarterly sales.

John Fieldly runs the world's fastest-growing energy drink company. His inspiration to succeed in business, though, dates way back.