JAB to Acquire Panera in Over 7 Billion Deal
JAB Holding Co of Luxembourg to buy Panera Bread for more than 7 billion dollars making Panera privately held and not required to file quarterly reports. Panera shares rose 14 percent after the announcement with the deal including about 340 million dollars of debt and awaiting shareholder approval.
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Panera
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Peet's Coffee & Tea
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JAB
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Panera Bread Co
Ron Shaich
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Associated Press
GOP attacks Cordray at tense congressional hearing
The House Financial Services Committee pressed CFPB Director Richard Cordray for hours in a hostile hearing. Republican Rep. Jeb Hensarling urged immediate presidential dismissal while Democrats defended Cordray amid debates over the agency and Wells Fargo actions.
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U.S
Jeb Hensarling
Texas
Richard Cordray
Consumer Financial Protection Bureau
Ohio
House Financial Services Committee
Cordray
Wells Fargo & Co
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Tribune News Service
Senate Committee On Banking, Housing and Urban Affairs
Fed minutes spark stock pullback after early gains
Wall Street gave back most of an early rally as the Fed signaled possible balance sheet reductions later in the year. Even after ADP reported 263000 private jobs added in March, gains faded with the Dow down and the Nasdaq off from its intraday high.
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New York
Federal Reserve
ADP
U.S
Standard & Poor
Taser rebrands as Axon Enterprise to back body cams
Taser International announces a name change to Axon Enterprise as it shifts toward police body cameras. It plans to equip every sworn officer in the United States with a free camera during a trial period, including data storage and training, while continuing to sell Tasers.
MENTIONED IN THIS ARTICLE
Taser International
Taser
Axon Enterprise
Axon
United States
Rick Smith
Smith
Huffington Post
Washington Post
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