The Traderszone Network

Published in TZ Latest News 12 August, 2016 by The TZ Newswire Staff

How The ECB Helped Buy Krispy Kreme

To legions of Green Mountain shorts, JAB Holdings may be one of the most hated names in finance: this is the the European investment fund that in late 2015 acquired the infamous coffee company which over the years had what may have been the biggest short interest of any stock. JAB Holdings is also the company which in May of this year announced that having purchased the coffee, it would also buy the donuts, when it unveiled a $1.35 billion deal to purchase Krispy Kreme Doughnuts, adding to its stable of famous brand ranging from Caribou Coffee to Jimmy Choo shoes, and even Durex condoms.

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