Starbucks stock volatility increases following reports of Chipotle acquisition review

1. 1Reports emerged that Starbucks considered acquiring Chipotle Mexican Grill.
2. 2Chipotle shares surged 8% on the possibility of a $39 billion acquisition.
3. 3A combination of the two companies would create a massive dining giant with combined annual revenues of approximately $50 billion last year.

Source Financial Times +18 · View original ↗

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