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Panera Bread Company Message Board

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  • hotpanera2 hotpanera2 Jan 24, 2003 4:55 PM Flag

    Montana Mills

    I do not assume that a takeover candidate needs to be public. Just like St. Louis Bread was a closely held company, there are many potential candidates. The trick is to find a gem in a local area that can be duplicated on a larger scale. The fact that you think that valuations of public companies are high, has nothing to do with Ron's ability to find such small gem.

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