Monday, August 6, 2018

Jamba Juice acquired by fast-casual giant

Chain Store Age
Focus Brands Inc. has added another brand to its expanding portfolio.

Focus Brands Inc. announced it will acquire Jamba (whose wholly-owned subsidiary is Jamba Juice Company) for $13.00 per share in cash, in a transaction valued at approximately $200 million. The deal is expected to close during the third quarter of 2018.. . . more