Starbucks could buy Chipotle in a blockbuster deal that would reshape fast food

Starbucks could buy Chipotle in a blockbuster deal that would reshape fast food

Are the worlds of frappuccinos and guacamole colliding? If recent reporting proves out, that could be the case. Starbucks is exploring a potential takeover of Chipotle, in what would amount to a restaurant megadeal, according to reporting from The Financial Times on Thursday. The story says that the deal would be the largest restaurant merger ever, as Chipotle is worth roughly $41 billion — although it’s unclear whether Starbucks had actually made an offer for the burrito chain, or if it was...

Original Source

Read the full article at Fastcompany →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.