Panera Bread Co. is being acquired by European investment firm JAB Holding in a deal valued at $7.5 billion. JAB, which is the owner of the Caribou Coffee and Peet’s Coffee & Tea brands, will pay $315 per share in cash for Panera, a premium of about 30 percent to Panera’s 30-day-volume-weighted stock price as of March 31, the last day before news broke regarding a potential sale. The deal would make Panera a private company. Luxembourg-based JAB is acquiring Panera through JAB BV, an investment…
from http://www.bizjournals.com/baltimore/news/2017/04/05/panera-to-be-sold-in-7-5-billion-deal.html?ana=RSS%26s=article_search
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