Here's a merger that could make Monday mornings more bearable: the coming together of hot coffee and hotter doughnuts.
It was announced today that JAB Holdings, which owns Minnesota-based company Caribou and a number of other highly recognizable brands (including a stake in high-end footwear Jimmy Choo), is now adding Krispy Kreme to its roster.
This little acquisition only cost the company $1.35 billion. Who knew there was so much dough in flour and sugar?
No word yet on how this deal will affect the customer experience, except that Krispy Kreme "wants step up its beverage sales," according to the Star Tribune.