Stock / Business Research:
Krispy Kreme Doughnuts, Inc. (NYSE: KKD) 23.7% HIGHER; Krispy Kreme Doughnuts and JAB Beech Inc., an indirect controlled subsidiary of JAB Holding Company (JAB) in which BDT Capital Partners is a minority investor alongside JAB, announced that the companies have entered into a definitive merger agreement under which JAB Beech will acquire Krispy Kreme for $21 per share in cash, or a total equity value of approximately $1.35 billion. The agreement, which has been unanimously approved by Krispy Kremes Board of Directors, represents a premium of approximately 25% over the Company's closing stock price on May 6, 2016.
Find the next definitive merger agreement for this week.