Peet's Coffee & Tea bows out of bidding for Diedrich Coffee
Peet's decision to not raise its offer left Green Mountain Coffee Roasters the apparent winner of the takeover battle. Green Mountain had offered $290 million for Diedrich.
Green Mountain Coffee Roasters Inc. looks to have won a bidding war to purchase Diedrich Coffee Inc., the Irvine coffee roaster.
L.A. Times - News — Peet's decision to not raise its offer left Green Mountain Coffee Roasters the apparent winner of the takeover battle. Green Mountain had offered $290 million for Diedric... more info