Thursday, July 28, 2016

This iconic N.C. company has a new owner

The sale of Krispy Kreme Doughnuts Inc. to JAB Beech Inc. has been completed. Under the terms of the deal, Krispy Kreme (NYSE: KKD) shareholders will receive $21 per share in cash for each share they own. Krispy Kreme’s common stock will cease trading as of today on the New York Stock Exchange. The deal was announced on May 9. The companies said at the time that Krispy Kreme will be privately owned and will continue to be independently operated from its headquarters in Winston-Salem. JAB Beech…


from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/07/28/this-iconic-n-c-company-has-a-new-owner.html?ana=RSS%26s=article_search

No comments:

Post a Comment