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Starbucks Explored Chipotle Acquisition

Chipotle stock surged over 6% on reports Starbucks explored a takeover, a deal that would create a combined company with almost $50 billion in annual sales.

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The Kobeissi Letter @KobeissiLetter 2.7M followers

BREAKING: Chipotle stock, $CMG, surges over +6% on reports that Starbucks has explored a takeover of the company. The deal would create a combined company with almost $50 billion in annual sales. https://t.co/zGgVmoJ6aM
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  1. Starbucks has explored a takeover of Chipotle, per the FT.

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