Coffee Stock
JAB is a holding company owned by four billionaire siblings from Germany. Their ownership stakes include Peet’s, Intelligentsia, Stumptown and a big chunk of Keurig. It doesn’t take an M&A expert to figure out what they needed to buy next. Krispy Kreme just agreed to a $1.35 billion takeover.
+ McDonald’s tested garlic fries at some of their stores. Surprise. They completely sold out.