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• Panera Bread yesterday acquired the Au Bon Pain bakery-cafe chain, adding 304 units to the larger chain’s more than two thousand locations. Terms of the deal were not disclosed.

The New York Times notes that “the two chains were once under the same roof. Au Bon Pain Co. was co-founded in 1981 by Ron Shaich, who acquired a chain of bakery restaurants that became known as Panera and later spun off Au Bon Pain.”

The story also points out that “earlier this year, after 26 years as a public company, Panera was purchased for $7.5 billion by JAB Holding Co., a family-held European company. JAB also owns the coffee brands Keurig Green Mountain, Peet’s Coffee and Caribou Coffee, and paid $1.35 billion for the Krispy Kreme Doughnuts chain last year.” There have been rumors lately that JAB is interested in acquiring Dunkin’ Donuts.
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