Wall Street Manna

An irreverent look at Wall Street

Wednesday, December 2, 2009

GMCR ups bid for DDRX to $35


Why doesn't Peet's just bid $37 and force GMCR to bid $40? GMCR gave it's license for the K-cup to DDRX for a pittance, and then DDRX managed GMCR's inventories "profitably" so GMCR has no choice but to take over DDRX because now the coffeee business is legitimately profitable!

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