Peet's Coffee & Tea, Inc.

Peet s Coffee & Tea Issues Statement in Response to Announcement by Diedrich Coffee of Revised Acquisition Proposal from Green Mountain Coffee Roasters [Press Release]
Business Wire | 21 hours 31 minutes ago
Peet’s Coffee & Tea, Inc. (NASDAQ: PEET) today issued the following statement after an announcement by Diedrich Coffee, Inc. (NASDAQ: DDRX) that Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) had unilaterally raised its proposed purchase price for the acquisition of Diedrich.

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 | 1 day 21 hours 31 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...

Diedrich Coffee Evaluating Revised Offer From Peet's Coffee & Tea [Press Release]
PRNewswire | 1 day 15 hours 31 minutes ago
...Nov. 23 /PRNewswire-FirstCall/ -- Diedrich Coffee, Inc. today announced that, on the evening of Sunday, November 22, 2009, it received a revised offer from Peet's Coffee & Tea, Inc. offering to pay to Diedrich Coffee's stockholders...

Peet s Coffee & Tea Announces Definitive Agreement to Acquire Diedrich Coffee in Cash-and-Stock Transaction [Press Release]
Business Wire | 22 days 11 hours 45 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 Evaluating Revised Offer From Green Mountain Coffee Roasters [Press Release]
PRNewswire | 15 hours 31 minutes ago
...of common stock of Diedrich Coffee for $32.00 per share in cash...as the merger agreement with Peet's Coffee & Tea, Inc. . GMCR submitted its revised...binding offer received by Diedrich Coffee from Peet's to pay to Diedrich Coffee...

Green Mountain Coffee Roasters, Inc. Confirms $32.00 Per Share Revised Cash Proposal to Acquire Diedrich Coffee [Press Release]
Business Wire | 20 hours 41 minutes ago
Green Mountain Coffee Roasters, Inc. (NASDAQ: GMCR) (“GMCR”) today confirmed that it has submitted a revised proposal to acquire Diedrich Coffee, Inc. (NASDAQ: DDRX) (“Diedrich”) for $32.00 per share in cash pursuant to a cash tender offer, in a transaction with a total value of approximately $265 million. GMCR believes its revised offer constitutes a superior proposal, as defined in the existing merger agreement between Diedrich and Peet’s Coffee & Tea, Inc. (NASDAQ: PEET), to Peet’s Novembe...

Peet's Coffee & Tea, Inc. Reports Third Quarter 2009 Results, Raises 2009 Earnings Guidance and Gives Outlook for Fiscal 2010 [Press Release]
PRNewswire | 28 days 9 hours 31 minutes ago
EMERYVILLE, Calif., Oct. 27 /PRNewswire-FirstCall/ -- Peet's Coffee & Tea, Inc.

Green Mountain Coffee Roasters, Inc. Confirms $30.00 Per Share Cash Proposal to Acquire Diedrich Coffee [Press Release]
Business Wire | 1 day 20 hours 47 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...

Law Office of Brodsky & Smith, LLC Announces Investigation on Behalf of Shareholders of Diedrich Coffee, Inc. [Press Release]
Business Wire | 21 days 15 hours 24 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.

Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Diedrich Coffee Inc. - DDRX [Press Release]
Business Wire | 21 days 13 hours 22 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...