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.
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 NRN we ask that you register now.We promise it will only take a few minutes!
Questions about your account or how to access content?