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Archive Home > 2012 > July > 31 > Peet’s Coffee draws takeover offers

Peet’s Coffee draws takeover offers


July 31, 2012

NEW YORK — Peet’s Coffee & Tea Inc. has investors wagering that rival bidders will attempt to top a $1 billion takeover offer that’s already the most expensive U.S. beverage deal.

Peet’s traded as much as 3 percent above the $73.50-a-share bid last....

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