Diedrich Bid Raised for the Second Time by Green Mountain
Submitted by Kulbir Sandhu on Wed, 12/02/2009 - 21:30
To ensure that it is way ahead of its competition, essentially Peet's Coffee & Tea Inc., in acquisition of Diedrich Coffee Inc., the maker of single- serves coffee packets, Green Mountain Coffee Roasters Inc. has, for the second time since the bidding started, raised its offer to a new high of $290 Million.
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