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    Caribou Coffee (CBOU) to be Acquired for Approx. $340M

    December 17 Dec 2012 | 10:14




    http://pennyomega.com/img/cbou.jpg CBOU, Caribou Coffee Company, Inc.

    ** CBOU and the Joh. A. Benckiser Group (JAB) reported a definitive merger agreement under which an affiliate of JAB will acquire CBOU for $16.00 per share in cash, or a total of approximately $340 million.

    The agreement, which has been unanimously approved by CBOU’s independent directors, represents a premium of approximately 30 percent over CBOU’s closing stock price on December 14, 2012, the last trading day prior to the announcement of the transaction.


    CBOU is the second largest company-operated premium coffeehouse operator in the United States.

    More about CBOU at www.cariboucoffee.com.





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