Report
Starbucks reportedly explored buying Chipotle, sending Chipotle shares higher
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.
TLDR
Reuters, citing the Financial Times, reported that Starbucks reportedly explored a takeover of Chipotle. Other outlets said Chipotle shares jumped after the report, but the supplied coverage did not confirm an agreement or any deal in progress.
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