By: Benzinga
Caribou Coffee Bought for $16 per Share
Joh. A. Benckiser, a German holding company, announced that it would acquire Caribou Coffee (NASDAQ: CBOU ) for $16 per share in cash (a total of approximately $340 million) on Monday. The agreement represents a premium of about 30 percent to the stock's Friday closing price. Caribou will continue to
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