Retail News

Panera Bread being acquired by private buyer in $7.5 billion deal

The New York Times 04/05/2017

JAB Holding Company, which owns Caribou Coffee, Einstein Brothers Bagels, Keurig Green Mountain, Krispy Kreme, Peet’s Coffee & Tea, and Stumptown Coffee Roasters, will pay $7.5 billion to acquire Panera Bread. JAB’s offer represents a 30 percent premium to Panera’s weighted stock price for 30 days as of March 31.

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