If there’s one thing that most of us do daily, it’s drinking coffee. Whether you brew your coffee at home or go to a shop, no doubt you’ve run across Peet’s Coffee and Tea.
It never occurred to me that Peet is, and soon to be ‘was’, a public company. Peet’s Coffee is being taken private by German conglomerate John A. Benckiser. With the IPO market being pretty dry for the past several years, companies going public seem to be big news. It’s not often that you hear of a well known brand going private.