Coffee giants JAB Holdings announced recently that they will be buying the donut chain Krispy Kreme, which could greatly increase the value of the company's stock. This announcement follows the established buyouts by JAB of other companies, such as Peet's Coffee, among others.
I think it's good for the shareholders of Kripsy Kreme that their stock is about to increase by $21 a share after the company's last few years of poor revenue gain. As long as the donuts stay the same as they've always been, I'm stoked. Seems like a good deal.
http://www.bloomberg.com/gadfly/articles/2016-05-09/krispy-kreme-gets-sweet-deal-from-budweiser-of-coffee
I agree, it's fine with me as long as they stay delicious. And good for the shareholders.
ReplyDelete- Isabella Montague 5th period
I think it's great that Krispy Kreme is getting more money. They are a great place and are very delicious.
ReplyDeleteOlivia Browne Period 6
ReplyDeleteThis will be a good economic stimulant.
Although I've never been a huge fan of Krispy Kreme, it is interesting to see what changes are happening within their company! -Nicole Chatham 6th period
ReplyDelete