Starbucks and Unilever Strike a $384 Million Deal
Some people are willing to pay a fancy price for their favorite cup of tea. Global consumer-goods conglomerate Unilever (NYSE: UL) is taking that to an extreme: Last week it agreed to plonk down $384 million to acquire Starbucks' (NASDAQ: SBUX) Tazo tea brand.
This is one of those happy business deals that should be beneficial for both buyer and seller, in my opinion. Here's why.
Image source: Tazo.
Source: Fool.com
Unilever plc ADR Stock
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