Takeover Roasts a Hot Market for Coffee Stocks Roasts a Hot Market

Two small companies joining forces might not normally attract much notice. But the Nov. 3 acquisition of Diedrich Coffee (DDRX) by Peet’s Coffee & Tea (PEET) combines two especially hot stocks at a time when the coffee industry is an investor favorite. The $213-million buyout of Diedrich caps an extraordinary stock market run. The Irvine,Continue ReadingContinue Reading