Notable Mergers and Acquisitions of the Day 9/24: (SBUX) (STRZA)/(FOXA) (ACOR) (OBCI) - InvestingChannel

Notable Mergers and Acquisitions of the Day 9/24: (SBUX) (STRZA)/(FOXA) (ACOR) (OBCI)

* Starbucks Coffee (Nasdaq: SBUX) announced that it will acquire the remaining 60.5% share of Starbucks Coffee Japan, Ltd. (Starbucks Japan) that the company currently does not own through a two-step tender offer process, further elevating Starbucks growth and innovation in its second-largest market when measured by retail store sales. The acquisition positions Starbucks to accelerate growth across multiple channels in Japan, including the potential introduction of new concepts, such as Teavana. Before the end of the first quarter of fiscal year 2015, Starbucks expects to have a controlling interest and will consolidate Starbucks Japan into the company’s results.