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RISE - Menu Monitor

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Starbucks is considering acquiring Godiva from Campbell Soup. The Seattle-based coffee chain has expressed an interest in<br />

the chocolatier and is now in the second round of negotiations to buy the brand. Starbucks may partner with a private-equity<br />

firm for help with the purchase. Other companies interested in Godiva are Hershey and Wm. Wrigley Jr. Campbell put Godiva<br />

up for sale in August and could receive as much as $800 million for the deal. (The Wall Street Journal Online 11/2/07)<br />

Starbucks may end up in court over an antitrust suit filed by a competitor. On November 29, a U.S. District Court judge in<br />

Seattle tentatively set a November trial date for a lawsuit filed last year by Penny Stafford, owner of Belvi Coffee and Tea<br />

Exchange in Bellevue, WA. Stafford claims that Starbucks locked her out of prime market space because the company holds<br />

exclusive leasing agreements with area developments. Stafford seeks unspecified damages and a federal injunction to stop<br />

Starbucks from entering into exclusive leasing arrangements with developers. (Seattletimes.com 9/26/06, NRN.com 11/29/07)<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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