Coffee and donuts -- you've heard they're a couple? Well the company that bought Keurig is now buying Krispy Kreme and that's sweet news for investors and international donut lovers too. JAB Holdings will pay a 25% premium over the current Krispy Kreme stock price. The move is intended to help the company grow -- especially globally. Krispy Kreme will keep its headquarters in Winston-Salem, NC.
The chairman of the Krispy Kreme board, Jim Morgan, said the company has been "touching and enhancing lives through the joy that is Krispy Kreme" for 80 years. "This transaction puts us in the best possible position to continue to spread that joy to a growing number of people around the world," he added.
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