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World & Business
Reuters, citing the Financial Times, reported that Starbucks reportedly explored buying Chipotle. Chipotle shares jumped after the report, but no transaction was confirmed in the supplied coverage.
World & Business
Rohan Goswami reported that he was highly doubtful about a Chipotle takeover bid after speaking with people close to the company, and said he understood the company had hired advisors to defend against potential activist or unwanted takeover.