In this segment fromMarket Foolery, host Chris Hill is joined by Motley Fool analystDavid Kretzmann as they break down how coffee-and-pastry focused JAB Holding Company will fit a fast casual brand into its privately held portfolio. With the acquisition, the JAB is expected to give thePanera Bread(NASDAQ:PNRA)team even more autonomy than usual.
A full transcript follows the video.
This video was recorded on April 5, 2017.
Chris Hill:Panera Breadis being bought, and we now knowit’s going to be bought byJABHoldings. It’s a $7.5 billion deal. If you’re aPanera Bread shareholder, you’re having one hell of a good week. A week ago, the stock was trading around $250, and the buyout price is going to be $315 a share. What did you think when you saw this news? JAB Holdings, youlook at their portfolio, the companies that they own, they are very deep into the food space. They haveKrispy Kreme donuts,Green Mountain Coffee,Peet’s Coffee, Caribou.
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