JAB Beech Inc., a member of the Joh. A Benckiser Group, on Jan. 24 announced the successful completion of its previously announced acquisition of Caribou Coffee Company, Inc., at $16 per share, or approximately $340 million. As a result, Caribou has become a wholly-owned subsidiary of JAB and is now privately held. The common stock of Caribou ceased trading on the NASDAQ on Jan. 24.
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