Tuesday, April 4, 2017

Panera Is Exploring Possible Sale After Receiving Interest

Image result for panera bread storePanera Bread Co. is exploring strategic options including a possible sale after receiving takeover interest, people with knowledge of the matter said.

The bakery chain, which has a market value of about $6.5 billion, is working with advisers to study the options, said the people, who asked not to be named discussing the private process. Potential suitors could include JAB Holding Co., Starbucks Corp. and Domino’s Pizza Inc., one of the people said.. . . more

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