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The Oakland Tribune reports that there is speculation in the marketplace that Starbucks may be interested in acquiring Peet’s Coffee & Tea. Neither company commented on the reports.

“If a deal occurs,” the Tribune writes, “it would bring together two companies that have ties dating back to the early 1970s, when both companies were getting off the ground. It would also combine the giant of the coffee industry with one of the Bay Area's most prominent specialty roasters.”
KC's View:
This may be good for the two companies, but I’m not sure it is better for the consumer, who would be better served by healthy competition.