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Panera Returning To Public Market With IPO: How You Can Get Early Access Via SPAC Merger
Tuesday, November 9, 2021 - 11:58am | 708Panera is returning to the public markets with a future IPO that will include an investment from a restaurant-themed SPAC. The SPAC Merger: USHG Acquisition Corp (NYSE: HUGS) announced Tuesday it will be a “cornerstone partner” for an IPO of Panera Brands. Panera Brands will pursue a...
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Notable Insider Buys This Past Week: Keurig, Change Healthcare And More
Saturday, June 13, 2020 - 2:46pm | 588Insider buying can be an encouraging signal for potential investors. A CEO took advantage of a secondary offering last week. A CFO also stepped up to the buy window. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock...
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Deutsche Bank's Beverages Analyst Talks Dr Pepper-Keurig Union
Tuesday, January 30, 2018 - 1:10pm | 435Dr Pepper Snapple Group Inc. (NYSE: DPS)'s decision to sell itself to Keurig Green Mountain was an "unexpected" move, according to one of Wall Street's top beverage analysts. The Analyst Deutsche Bank's Steve Powers discussed the M&A deal during CNBC's "Squawk...
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Dr. Pepper Snapple Soars 30% Amid Plans To Merge With Keurig Green Mountain
Monday, January 29, 2018 - 9:15am | 392Shares of Dr Pepper Snapple Group Inc. (NYSE: DPS) soared higher by more than 35 percent Monday morning after news of the beverage company will be acquired by coffee-maker Keurig Green Mountain. What You Need To Know Dr. Pepper Snapple and Keurig Green Mountain announced plans to combine...
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Dunkin' Brands Is 2018's First Go-Private Rumor; Shares Benefit
Tuesday, January 2, 2018 - 2:48pm | 454Dunkin Brands Group Inc (NASDAQ: DNKN) holds the title as 2018's unofficial first subject of a go-private rumor. Germany's JAB Holding, a private investment firm that has been active in buying American coffee companies and restaurants, is looking to continue the trend in 2018. JAB's...
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Michael And Jimmy: A Budding Courtship In High-End Fashion?
Tuesday, July 18, 2017 - 3:46pm | 499After losing the heart of Kate Spade to a more attractive Coach Inc (NYSE: COH) earlier this year, Michael Kors Holdings Ltd (NYSE: KORS) has continued its search for a partner. Now, it’s found a new object of interest. The luxury apparel and accessories maker is reportedly considering a bid...
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Out Of Many, One: Starbucks Still A Standout In The Coffee Market
Monday, May 15, 2017 - 12:01pm | 419The competitive landscape within the retail coffee business is certainly set to intensify after JAB Holdings, the parent company of multiple coffee brands, acquired Panera Bread to build its retail presence across the U.S. Despite the competitive landscape, analysts at Deutsche Bank still see...
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The 5 Biggest Restaurant M&As
Wednesday, April 5, 2017 - 1:44pm | 546After much speculation on Monday, JAB Holdings and Panera Bread Co (NASDAQ: PNRA) agreed to merge in a $7.5 billion deal in which Panera's shareholders will receive $315 per share in cash. Here is how the deal stacks up against other notable restaurant M&As. Panera-JAB: The Second...
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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...
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What Do Wall Street Analysts Think Of The Panera Up-For-Sale Report?
Tuesday, April 4, 2017 - 3:48pm | 907Shares of Panera Bread Co (NASDAQ: PNRA) soared to new all-time highs of $292.42 last Friday following a Bloomberg report that suggested the sandwich and bakery chain may be exploring strategic alternatives, including a potential sale of itself. Here is a summary of what some of Wall Street's most...
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SodaStream Spikes Amid Reported Keurig Kold Discontinuation
Tuesday, June 7, 2016 - 1:36pm | 231Shares of Sodastream International Ltd (NASDAQ: SODA), the maker of a home beverage carbonation system, spiked higher on heavy volume Tuesday afternoon and hit an intra-day high of $22.36. Sodastream's gains were attributed to a series of Tweets by Beverage Digest, a news website that...