News Headline Summary

Starbucks (SBUX) announces agreement to acquire Teavana (TEA) to globally transform tea industry

- To pay USD 620mln cash for TEA.

Reaction details (19:53)

- TEA are still halted.

14 Nov 2012 - 19:51 - Equities - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: