Krispy Kreme shares soar on sweet takeover offer
Story Date: 5/11/2016

 

Source: NEWS & OBSERVER, 5/9/16

Krispy Kreme shareholders got a caffeine boost after coffee giant JAB Beech said Monday it is acquiring the doughnut chain.
The Luxembourg-based investment firm, which owns Keurig Green Mountain, Peet's Coffee & Tea and Caribou Coffee, said it is taking the North Carolina doughnut company private in a deal worth about $1.35 billion.

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