Starbucks (SBUX) Buys Teavana (TEA) for $620 Million
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Positives and Negatives of Starbucks' (SBUX) Teavana (TEA) Deal
November 15, 2012 11:59 AM ESTYesterday's big news in the M&A world was Starbucks' (Nasdaq: SBUX) surprise move to acquire tea house chain Teavana (NYSE: TEA) for $620 million, which has locations in 300 malls across North America.
Analysts at Goldman Sachs... More
William Blair Downgrades Teavana Holdings (TEA) to Market Perform
November 15, 2012 8:08 AM ESTWilliam Blair downgraded Teavana Holdings (NYSE: TEA) from Outperform to Market Perform following yesterday's takeover.
For an analyst ratings summary and ratings history on Teavana Holdings click here. For more ratings news on Teavana Holdings click here.
Shares of Teavana Holdings closed at $15.45 yesterday, with a 52 week range of $9.75-$26.03.... More
KeyBanc Downgrades Teavana Holdings (TEA) to Hold, Closure a "Virtual Certainty"
November 15, 2012 7:21 AM ESTKeyBanc downgraded Teavana Holdings (NYSE: TEA) from Buy to Hold following the takeover by Starbucks.
The analyst comments, "CEO Andrew Mack had approximately 56% ownership. This, coupled with the ownership of Apax Partners (about 16%), makes closure of the transaction a virtual certainty."... More
Traders Eye Jamba (JMBA) on Starbucks Deal
November 14, 2012 3:31 PM ESTFollowing Starbuck's (Nasdaq: SBUX) deal today to acquire Teavana (NYSE: TEA), some are suggesting Jamba, Inc. (NASDAQ: JMBA) could be the coffee giant's next target.
Starbuck... More
Teavana (TEA) Resumes Trading, Up 52%
November 14, 2012 3:15 PM ESTTeavana Holdings (NYSE: TEA) has now resume trading following today's deal to be acquired by Starbucks for $15.50/share. The stock last traded at $15.43, up 52.3%.... More
Teavana (TEA) trading halted with news pending
November 14, 2012 2:21 PM ESTTeavana Holdings (NYSE: TEA) trading halted with news pending.... More
Teavana (TEA) Rips Higher on Market Chatter
November 14, 2012 2:14 PM ESTTeavana Holdings (NYSE: TEA) is ripping following headlines in the Atlanta Business Chronicle that Starbucks (Nasdaq: SBUX) might buy the company tomorrow. The stock is up 35 percent.... More
