What do Panera and Krispy Kreme have in common?
ST. LOUIS (AP) — Panera is being acquired by Europe’s JAB Holding Co. for more than $7 billion, the second largest restaurant deal made in North America in at least decades.
Americans are likely more familiar with JAB than they know. The Luxembourg investment fund has controlling interests in Peet’s Coffee & Tea, Caribou Coffee Co., Stumptown Coffee and Krispy Kreme Doughnuts. The deal for Panera, however, underscores its sway over what people eat when away from home in the
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