Caribou Coffee to be taken private for $340 mln

Mon Dec 17, 2012 9:15am EST

Dec 17 (Reuters) - Caribou Coffee Company Inc said it will be acquired by an affiliate of the Joh. A. Benckiser Group (JAB) for about $340 million in cash.

JAB, the investment vehicle of Germany's Reimann family, will pay $16.00 per Caribou share, a premium of about 30 percent to the stock's closing price on Friday.

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