Peet’s Coffee & Tea Inc. said Monday it has entered into a definitive agreement to be acquired by European holding company Joh. A. Benckiser (JAB) for $73.50 per share, or about $1 billion. RELATED • Analyst: Starbucks eyeing Peet's • Diedrich chooses Green Mountain over Peet’s • More restaurant industry finance news The deal, which would take Peet’s private, was unanimously approved by its board of directors, the company said. The Berkeley, ...
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