Peet's trying again for Diedrich

02/2/2010 | Reuters

Regulators may prevent Green Mountain Coffee Roasters from buying Diedrich Coffee, giving Peet's Coffee & Tea another chance to acquire it. Green Mountain outbid Peet's in December, but the Federal Trade Commission is reviewing the deal for antitrust considerations, and Peet's is offering Diedrich shareholders the option of tendering their shares to Peet's.

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