Stock Market Disapproves of Keurig Dr Pepper’s Peet’s Acquisition Bid
Keurig Dr Pepper has proposed acquiring Peet’s Coffee, a move that has sparked concerns in the stock market. The deal is being met with skepticism, as it may not provide sufficient value to existing shareholders. Keurig Dr Pepper announced its intention to acquire Peet’s Coffee for approximately $2.1 billion in April 2023. The acquisition would … Read more