Einstein Bagels Parent To Be Acquired By Majority Owner Of Peet’s, Caribou Coffee

CHICAGO — Bagel purveyor Einstein Noah Restaurant Group Inc. said on Monday that it is being sold to JAB Holding Co., majority owner of coffee companies that include Peet’s Coffee & Tea and Caribou Coffee, for $374 million. JAB is offering $20.25 per Einstein Noah share, which represents a 47 percent premium over the stock’s 30-day…

Einstein bagels parent to be acquired by majority owner of Peet’s, Caribou Coffee