The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Magyer and Jason Moser, discuss the top business and investing stories.in
The Benckiser Group, a German conglomerate, is buying Caribou Coffee (NASDAQ: CBOU), and the news sent Caribou shares up 30%. The acquisition comes shortly after the group purchased Peet's Coffee & Tea (NASDAQ: PEET). In this segment, the guys discuss whether the conglomerate approach is a threat to Starbucks' (NASDAQ: SBUX) market share, and what the strategy might be for the Benckiser Group from here.
