Diedrich Coffee, Inc.
News and overview for Diedrich Coffee, Inc.
Diedrich Coffee Evaluating Revised Offer From Peet's Coffee & Tea [Press Release]
PRNewswire | 13 hours 14 minutes ago
...PRNewswire-FirstCall/ -- Diedrich Coffee, Inc. today announced that...Peet's Coffee & Tea, Inc. offering to pay to Diedrich Coffee's stockholders a combination...for such materials to: Diedrich Coffee, Inc., Office of Investor...
Green Mountain Coffee Roasters, Inc. Confirms $30.00 Per Share Cash Proposal to Acquire Diedrich Coffee [Press Release]
Business Wire | 18 hours 30 minutes ago
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) (“GMCR”) today confirmed that it has submitted a proposal to acquire Diedrich Coffee, Inc. (NASDAQ: DDRX) (“Diedrich”) for $30.00 per share in cash pursuant to a cash tender offer, in a transaction with a total enterprise value of approximately $247 million. Separately, today Diedrich announced that the Board of Directors of Diedrich had determined that the GMCR offer constituted a superior proposal, as defined in the existing merger agreeme...
Peet s Coffee & Tea Increases Diedrich Coffee Acquisition Proposal to $32.00 in Cash and Stock, Expresses Confidence in Revised Offer [Press Release]
Business Wire | 19 hours 14 minutes ago
Peet’s Coffee & Tea, Inc. (NASDAQ: PEET) announced today that it delivered to the board of directors of Diedrich Coffee, Inc. (NASDAQ: DDRX) on Sunday, November 22, 2009 a proposal to enhance its previously announced offer to acquire Diedrich. Peet’s revised proposal is a cash-and-stock offer valued at $32.00 per share, or a total value of approximately $265 million, based on Peet’s closing stock price of $38.00 on Friday, November 20, 2009. Peet’s enhanced its proposal in response to notific...
Peet's raises offer for Diedrich to $265M
Boston Globe, The | 11 hours 38 minutes ago
EMERYVILLE, Calif.Coffee chain retailer Peet's Coffee & Tea Inc. said Monday it has raised its offer for the wholesale roaster and distributor Diedrich Coffee Inc. by about 24 percent to $265 million.
Peet's Coffee & Tea buying Diedrich Coffee for $213 million to enter single-serve brew market
Sun (Baltimore), The | 21 days 6 hours 47 minutes ago
Coffee chain retailer Peet's Coffee & Tea Inc. said Monday it will buy wholesale roaster and distributor Diedrich Coffee Inc. for $213 million in a move to enter the rapidly growing single-cup coffee market.
Peet's Coffee buying Diedrich Coffee for $213M
Yahoo! | 21 days 4 hours 42 minutes ago
EMERYVILLE, Calif. – Coffee chain retailer Peet's Coffee & Tea Inc. said Monday it will buy wholesale roaster and distributor Diedrich Coffee Inc. for $213 million in a move to enter the rapidly growing single-cup coffee market.
Peet's Coffee & Tea buying Diedrich Coffee for $213 million to enter single-serve brew market -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 21 days 7 hours 27 minutes ago
EMERYVILLE, Calif. (AP) — Coffee chain retailer Peet's Coffee & Tea Inc. said Monday it will buy wholesale roaster and distributor Diedrich Coffee Inc. for $213 million in a move to enter the rapidly growing single-cup coffee market.
Diedrich Coffee Reports First Quarter Fiscal 2010 Financial Results [Press Release]
PRNewswire | 20 days 1 hour 24 minutes ago
IRVINE, Calif., Nov. 3 /PRNewswire-FirstCall/ -- Diedrich Coffee, Inc.
Peet s Coffee & Tea Announces Definitive Agreement to Acquire Diedrich Coffee in Cash-and-Stock Transaction [Press Release]
Business Wire | 21 days 9 hours 28 minutes ago
Peet's Coffee & Tea, Inc. (NASDAQ: PEET) and Diedrich Coffee, Inc. (NASDAQ: DDRX) announced today that they have entered into a definitive agreement under which Peet’s will acquire Diedrich in a cash-and-stock transaction valued at $26.00 per share or a total value of approximately $213 million. The acquisition will further solidify Peet’s leading position in the specialty coffee and tea market, with premium quality brands in every segment of the category.
Diedrich Coffee to Hold First Quarter 2010 Conference Call Today, November 2 at 5:30 p.m. ET [Press Release]
PRNewswire | 21 days 6 hours 31 minutes ago
...FirstCall/ -- Diedrich Coffee, Inc. , a leading roaster...coffeeteastore.com Diedrich Coffee Investor Relations...Liolios Group, Inc. Tel 949-574...of LioliosGroup, Inc., +1-949...liolios.com, for Diedrich Coffee
Diedrich Coffee Reports Fourth Quarter and Fiscal 2009 Financial Results [Press Release]
PRNewswire | 63 days 11 hours 42 minutes ago
IRVINE, Calif., Sept. 21 /PRNewswire-FirstCall/ -- Diedrich Coffee, Inc.
Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Diedrich Coffee Inc. - DDRX [Press Release]
Business Wire | 20 days 11 hours 5 minutes ago
Levi & Korsinsky is investigating the Board of Directors of Diedrich Coffee Inc. (“Diedrich Coffee” or the “Company”) (NasdaqCM: DDRX) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Peet's Coffee & Tea Inc. ("Peet's") (NasdaqGS: PEET). Under the terms of the transaction, Diedrich Coffee shareholders will receive $17.33 in cash plus a fraction of a Peet's share valued at about $8.67, based on the closing price o...
Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Shareholders of Diedrich Coffee, Inc. [Press Release]
Business Wire | 20 days 13 hours 7 minutes ago
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Diedrich Coffee, Inc. (“Diedrich Coffee” or the “Company”) (Nasdaq:DDRX) relating to the proposed acquisition by Peet’s Coffee & Tea, Inc. (“Peet’s”). Peet’s has agreed to acquire Diedrich Coffee in a deal valued at approximately $213 million.
CORRECTING and REPLACING Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Diedrich Coffee, Inc. [Press Release]
Business Wire | 20 days 4 hours ago
Please replace the release with the following corrected version due to revised second graph.
Stull, Stull & Brody Announces Investigation on Behalf of Shareholders of Diedrich Coffee, Inc. [Press Release]
Business Wire | 20 days 6 hours 32 minutes ago
Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of Diedrich Coffee, Inc. (“Diedrich” or the “Company”) (Nasdaq: DDRX) for possible breaches of fiduciary duty and other violations of state law in connection with an agreement by Diedrich’s Board of Directors to sell all of the Company’s outstanding shares of common stock to Peet’s Coffee & Tea, Inc. (“Peet’s”) (Nasdaq: PEET) at a price of approximately $26.00 per sh...
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Company Overview
| Company: | Diedrich Coffee, Inc. |
|---|---|
| Industry: | Coffee & Tea |
| Website: | http://www.diedrich.com |
This company keeps caffeine lovers buzzing. Diedrich Coffee is a leading coffee producer and wholesale supplier that distributes coffee products to retailers and foodservice customers. The company produces a variety of specialty coffee blends and flavors under the brands Coffee People, Diedrich Coffee, and Gloria Jean's. Its primary product is K-Cup single serving portion packs, produced under license for Green Mountain Roasters' Keurig unit. Diedrich Coffee also produces and distributes fresh roasted coffee from its facility in California. The company has agreed to be acquired by coffee shop chain operator Peet's Coffee & Tea.
Key Numbers
| Sales in U.S. Dollars (mil.) | 62.3 (2009) |
|---|---|
| One-year % Growth in Sales | 34.5 (2009) |
| Net Income in U.S. Dollars (mil.) | 1.6 (2009) |
| One-year % Growth in Net Income | 0.0 (2009) |
| Number of Employees | 150 (2009) |
| One-year % Growth in Number of Employees | -31.8 (2009) |
| Fiscal Year-End | June |
