Starbucks Weighs Takeover Bid for Slumping Chipotle
Starbucks has worked with advisors on a takeover proposal for Chipotle Mexican Grill, the Financial Times reported Thursday (Oct. 8), citing unnamed sources. The status of the proposal and any submission of a formal offer to Chipotle could not be determined, according to the report. Neither Starbucks nor Chipotle immediately replied to PYMNTS’ request for […] The post Starbucks Weighs Takeover…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.