date:Jan 04, 2013
Starbucks Coffee Company has completed its planned acquisition of Atlanta-based Teavana Holdings, Inc., making Teavana a wholly-owned subsidiary of Starbucks, the Seattle-based company said.
Starbucks acquired Teavana for an aggregate acquisition price of approximately $620 million in cash and is expecting the acquisition to be accretive to earnings by approximately $0.01 per share in fiscal year 2013, based upon the previously announced earnings targets. Teavana public stockholders of record w