Notable Mergers and Acquisitions of the Day 12/8: GMCR/DDRX/PEET...

Courtesy StreetInsider.com News Articles  Tue, 12/08/2009 - 09:16
  • Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) today announced that it has entered into a definitive merger agreement to acquire Diedrich Coffee, Inc.

    (NASDAQ: DDRX) for $35 per share in cash pursuant to a cash tender offer, in a transaction with a total value of approximately $290 million.

    Concurrent with entering into the merger agreement with GMCR, Diedrich terminated its previously announced merger agreement with Peet's Coffee & Tea, Inc.

    (NASDAQ: PEET) following the expiration of the negotiation period granted...
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