Is Benckiser Getting Caribou (CBOU) on the Cheap? Some Say 'Yes'
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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
Caribou Coffee Company (CBOU) halted, news pending
December 17, 2012 8:55 AM ESTCaribou Coffee Company, Inc. (NASDAQ: CBOU) halted, news pending... More
