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Teavana Holdings, Inc. Message Board

  • mv3guy mv3guy Nov 29, 2012 4:47 PM Flag

    Regulators approve deal

    The news that Unites States regulators have okayed the takeover of Teavana Holdings (NYSE:TEA) by Starbucks Corporation (NASDAQ:SBUX) caused shares of the former to spike in mid-day trading, moving up by as much as 2.6 percent before falling back. The transaction, at $15.50 per share, was announced on November 14th.

    So we are now 15 days from the announcement date - while this is antitrust approval, I believe that if there were consumer regulatory concerns approval wouldn't have been granted.

    Whose move is it?