Caribou Coffee Company (CBOU) halted, news pending
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Is Benckiser Getting Caribou (CBOU) on the Cheap? Some Say 'Yes'
December 17, 2012 3:03 PM ESTThe Benckiser Group might be getting Caribou Coffee Company (Nasdaq: CBOU) for a song, according to one shareholder.
Reuters reports this afternoon that Accretive Capital Partners managing director Richard Fearon thinks Caribou should be going for somewhere around $30 to $35 per share,... More
Coffee Holding (JVA) on Watch on Caribou Coffee Takeover
December 17, 2012 9:03 AM ESTTraders have their eye on Coffee Holding Co., Inc. (NASDAQ: JVA) after Caribou Coffee Company, Inc. (NASDAQ: CBOU) was acquired at a nearly 30% premium.
The news could also be a positive for Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR).... More
Caribou (CBOU) Gets Takeover Offer for $16/Share from Joh. A. Benckiser Group
December 17, 2012 9:01 AM ESTCaribou Coffee Company, Inc. (NASDAQ: CBOU) and the Joh. A. Benckiser Group (JAB) announced a definitive merger agreement under which an affiliate of JAB will acquire Caribou for $16.00 per share in cash, or a total of approximately $340 million. The agreement, which has been unanimously approved by Caribous independent directors, represents a premium of approximately 30 percent over Caribous closing stock price on December 14, 2012, the last trading day prior to the announcement of the... More
