Starbucks (SBUX.US) Reportedly Plans to Acquire Chipotle Mexican Grill (CMG.US)! Wall Street Pours Cold Water: Insufficient Synergies Make Merger Unlikely
According to informed sources cited by media reports, global coffee chain giant Starbucks (SBUX.US) has been working with advisors in recent months to study a potential acquisition plan for U.S. Mexican-style restaurant chain Chipotle Mexican Grill (CMG.US). The deal is intended to merge two well-known American consumer brands and, if completed, would become the largest merger in the history of the restaurant industry.
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