Starbucks buys Teavana
Starbucks Corp. (SBUX, quote) announced yesterday it has come to an agreement to purchase tea retailer Teavana Holdings Inc. (TEA, quote) a loose-leaf tea store for approximately $620 million. An all cash deal.
Starbucks Corp. (SBUX, quote) announced yesterday it has come to an agreement to purchase tea retailer Teavana Holdings Inc. (TEA, quote) a loose-leaf tea store for approximately $620 million. An all cash deal.
Those that just register to view the advance Starbucks option trade.
As we mentioned in the Morning Coffee Break Starbucks (SBUX, quote) will start selling its new Verismo single serve brew machine. The Verismo will be sold online this week for $199 and will available in stores starting next month.