Peet’s Coffee and Tea to Go PrivateVW Staff
Shareholders of Peet's Coffee & Tea, Inc. (NASDAQ:PEET) received a bonanza, when the company agreed to a $1 billion takeover offer from German investing group Joh. A. Benckiser, which will take Peet’s private in about three months, according to the WSJ. The transaction has been structured as a one-step merger, and Peets’ will not hold . . .
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