Starbucks made an interesting acquisition last mon
Post# of 63699
Starbucks made an interesting acquisition last month, Teavana. I looked at it hard, but the one in the Mall of America close to where I live had little traffic. The had free samples, but no place to sit down and drink. I think the stock was around $20 when I first looked at it. It went down to $10 and in November Starbucks made a deal to buy them for a little over $15. I have read where Starbucks will sell some of their upscale Tea's at their Starbucks. I'm not sure they bade a good buy, but maybe they have plans to remodel the free standing Teavana stores.
http://www.bizjournals.com/triangle/news/2012...?ana=yfcpc
http://stockcharts.com/h-sc/ui?s=TEA&p=D&...4735269894