Peet's Taken Private in $1B Deal With European Investment Firm

Peets coffee and tea is acquired in a one billion dollar deal by European holding company Joh. A. Benckiser

Peet’s Coffee & Tea Inc. said Monday it has entered into a definitive agreement to be acquired by European holding company Joh. A. Benckiser (JAB) for $73.50 per share, or about $1 billion,

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