-
Coca-Cola Enters Hot Beverage Market With $5.1B Purchase Of British Chain Costa Coffee
Friday, August 31, 2018 - 11:23am | 559In an effort to further diversify from the soda industry, The Coca-Cola Co. (NYSE: KO) has announced new plans to keep up ina highly competitive market. Following the news of Starbucks Corp. (NASDAQ: SBUX)’s licensing deal with Nestle, as well as the merged Keurig Dr Pepper Inc. (NYSE:...
-
JAB Buys Panera; Analyst Foresees Near-Term Slowdown In Restaurant M&A
Wednesday, April 5, 2017 - 8:48am | 414JAB Holdings Co., a private European company whose portfolio includes Keurig Green Mountain, Caribou Coffee Co. and Peet’s Coffee & Tea, confirmed Wednesday its imminent acquisition of Panera Bread Co (NASDAQ: PNRA) for $315 per share. At least one analyst thinks the $7.5 billion deal may...
-
Keurig Green Mountain Bought Out In $13 Billion Deal; Acquiring Firm Building Quite The Coffee Portfolio
Monday, December 7, 2015 - 9:55am | 482Shares of Keurig Green Mountain Inc (NASDAQ: GMCR) lost more than 60 percent over the past year and traded as high as $141.69 over the past 52 weeks. Keurig confirmed on Monday it will be acquired by an investor group led by JAB Holding Company. JAB Holding Company is a private company...
-
Jefferies Initiating Coverage Of CBOU With A Buy Rating, $14 PT
Thursday, January 6, 2011 - 9:02am | 33Jefferies is initiating coverage of Caribou Coffee Company, Inc. (NASDAQ: CBOU) with a Buy rating and a $14 price target. Caribou Coffee Company closed Wednesday at $10.30.