Beverage Stock Caribou Coffee Company (NASDAQ: CBOU) Leads NASDAQ Top Gainers with Acquisition News; Stock Gains over 30%
Category: Investment, Food, Beverage
Ideas get bigger when you share them...
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.
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more .
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com
Sign up for the free investor news and stock alerts at Investorideas.com
Become an Investorideas.com Member and access our 14 online stock directories 24/7 - water, renewable energy, mining stocks and more…
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com