Beverage Stock Caribou Coffee Company (NASDAQ: CBOU) Leads NASDAQ Top Gainers with Acquisition News; Stock Gains over 30%
Category: Investment, Food, Beverage
News about Caribou Coffee Company, Inc.
Point Roberts, WA - December 17, 2012 (Investorideas.com Newswire, www.beveragestsocks.com) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on beverage stock Caribou Coffee Company, Inc. (NASDAQ: CBOU), making the NASDAQ top traders list in morning trading, currently at $16.07, up $3.75 or 30.44% as of 1:16PM EST on over 6 Million shares.
Caribou Coffee 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 Caribou’s independent directors, represents a premium of approximately 30 percent over Caribou’s closing stock price on December 14, 2012, the last trading day prior to the announcement of the transaction.
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