Winston-Salem Business Journal Article Today on Krispy Kreme Takeover Potential
Article has many interesting details beyond the Bloomberg article.
Among the details is the fact that a 3 year old poison pill expires this week.
Also, many analysts commentary that KKD would require a healthy premium due to the fact that they have such a well run organization now that SHOULD easily grow to be worth $20 in a relatively short period of time if they stay independent.
Doubt shareholders would allow a deal for below $15 at this point. As was detailed in the article KKD has such high potential for growth and strong financial footing at this point - Management may not be able to accept anything below that level.