New Peet's owner Benckiser to buy Caribou Coffee for $340 million
date:Dec 27, 2012
m Green Mountain Coffee Roasters Inc. and Starbucks Corp.

Caribous independent directors have unanimously approved the Benckiser deal, which would keep the company based in Minneapolis and operated as its own brand. The business, founded in 1992, has 610 coffeehouses in 22 states and 10 international markets and also sells its coffees in grocery stores, hotels and other retail channels.

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