Chipotle shares jump after report that Starbucks has explored a takeover
FROM THE PUBLISHER
Chipotle Mexican Grill's stock jumped as much as 8% on Thursday after the Financial Times reported that Starbucks has explored a deal to buy the "fast-casual" restaurant chain.A potential merger would represent one of the largest restaurant acquisitions in history, according to industry analysts. In 2014, Burger King acquired Canadian chain Tim Hortons in an $11.4 billion deal that remains one of the largest restaurant buyouts to date, according to Melius Research. Starbucks CEO Brian…
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