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The Zhitong Finance App learned that Starbucks (SBUX.US) publicly clarified on Monday, clearly stating that the company did not acquire Chipotle Chipotle Mexican Grill (CMG.US), putting an end to previous acquisition rumors. If the rumor comes true, it would have been the largest merger and acquisition deal in the history of the restaurant industry, but it has been questioned by investors and analysts.
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The Zhitong Finance App learned that Starbucks (SBUX.US) publicly clarified on Monday, clearly stating that the company did not acquire Chipotle Chipotle Mexican Grill (CMG.US), putting an end to previous acquisition rumors. If the rumor comes true, it would have been the largest merger and acquisition deal in the history of the restaurant industry, but it has been questioned by investors and analysts.
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