EMERYVILLE Calif. CIC Advantage Holdings LLC, an affiliate of private-equity group CIC Partners, has purchased a 5.6-percent stake in Jamba Inc., parent of the struggling Jamba Juice smoothie chain. Recent regulatory filings show the group purchased nearly 3.1 million shares of Jamba for $2.65 million, or an average of 85 cents per share. Jamba’s share price has fluctuated between 37 cents per share and $3.40 per share during the past 52 weeks and hasn’t closed above ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Why Register?
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!