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Starbucks Acquires Teavana for $620M

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Starbucks Acquires Teavana for $620M Starbucks Coffee Co. (NASDAQ: SBUX) announced that it has agreed to acquire Teavana Holdings (NYSE: TEA) for $620 million, making headway in a growing $40 billion global tea industry. Starbucks said it “plans to continue to grow and extend Teavana’s already-successful 300 mall-based stores as...


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