Krispy Kreme being taking private in $1.35B deal

NEW YORK (AP) — Krispy Kreme is being taken private by JAB Beech in a deal worth approximately $1.35 billion.
The doughnut company’s stock soared more than 23 percent in Monday premarket trading.
Krispy Kreme has more than 1,100 shops in more than 26 countries.
JAB Beech Inc. will pay $21 for each share of Krispy Kreme Doughnuts Inc. That’s about a 25 percent premium to the Winston-Salem, North Carolina-based company’s Friday closing price of $16.86.
Peter Harf, a senior