Chipotle rises on Starbucks takeover report
A Financial Times report said Starbucks has worked with advisers in recent months on a possible takeover proposal for Chipotle Mexican Grill. Chipotle shares jumped and Starbucks fell after the report.
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Chipotle rises on Starbucks takeover reports
Chipotle shares rose after reports that Starbucks has explored a potential takeover with advisors in recent months. Starbucks shares fell on the news, while it was unclear whether any formal offer or bid was made.
Chipotle rises after Financial Times takeover report
Chipotle Mexican Grill gained after the Financial Times reported that Starbucks explored a takeover of Chipotle.