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Chipotle Jumps on Report Starbucks Has Explored Takeover

Bloomberg Markets·October 8, 2026·1 min read

Chipotle Mexican Grill shares jumped after the Financial Times reported Starbucks has worked with advisers on a takeover proposal for the burrito chain. The deal's status is uncertain and may never materialize. Starbucks CEO Brian Niccol previously led Chipotle for six years, spearheading rapid growth.

Read at Bloomberg Markets
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