| | The investment firm that controls the Krispy Kreme chain and coffee brands Keurig, Peet's and Caribou has reached an agreement to acquire Panera Bread and turn it into a private company. JAB is expanding its empire of coffee-related brands with the acquisition of publicly-traded Panera in a deal worth more than $7 billion. JAB gave few details about its plans for Panera, which has more than 2,000 locations and about $5 billion in annual sales.
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