Wednesday, April 5, 2017

Get Your Panera Fix While You Can

JAB Holding Co., the owner of Caribou Coffee and Krispy Kreme Doughnuts, said on Wednesday it would buy Sunset Hills [MO}-based Panera Bread Co. in a deal valued at about $7.5 billion, including debt, as it expands its coffee and breakfast empire.
I give them five years before those vulture capitalists do what they do: Layer on a lot of debt to draw money out of the company, then run it into the ground and go into Chapter 11 --> 7 bankruptcy.

It's what they do. The only people to get hurt will be fifty thousand or so employees. Whom none of the vultures will care about.
on or about

1 comment:

  1. hans4/06/2017 11:50 AM

    heh... all legal, just smart business... we are so fk'd

    ReplyDelete

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