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Peet's Acquisition Heats Up the Coffee Battle
Thursday, July 26, 2012 - 7:54am | 571Monday's acquisition announcement of Peet's Coffee & Tea (NASDAQ: PEET) for $73.50 per share by privately-held German firm Joh. A. Benckiser presents yet another development in what Piper Jaffray calls the "Year of the Restaurant." Piper Jaffray's report, published following the Peet's news...
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Peet's Coffee & Tea to be Acquired by Privately Held Group
Monday, July 23, 2012 - 1:51pm | 396Peet's Coffee & Tea (NASDAQ: PEET), the roaster and marketer of coffee and tea, announced Monday that it will be acquired by privately held group Joh. A. Benckiser (JAB) for roughly $1 billion. The deal will see JAB pay $73.50 per share for Peet's and it has already been unanimously agreed by...
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Coty Seeks $700 Million for IPO
Friday, June 29, 2012 - 8:18am | 364Beauty company Coty filed for an initial public offering (IPO) Friday with the aim of raising $700 million. According to Reuters, Chairman Peter Harf told a German newspaper in May that the company was preparing for an IPO and soon afterwards announced the selection of Bank of America Merrill...