Shares of Atlanta based Teavana (TEA) are soaring after Starbucks (NASDAQ:SBUX) announced plans to acquire the company. The coffee giant will expand to Teavana's 300 mall based locations, and add additionalal stores outside of malls, as well.
Teavana shareholders will received $15.50 per share in cash in the deal expected to close before the end of the year.
Starbucks shares are lower by about two percent, while Teavana shares are higher by more than 50 percent.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
ValueForum has helped me be very successful. 
Launch related slideshow:
Monday 5/20 Insider Buying Report: LPSN, FTEK
Monday 5/20 Insider Buying Report: LMNX, GFF
Friday 5/17 Insider Buying Report: CONE, ERII
Daily Wrap: May 20, 2013
Campbell Soup Shares Climb Following Revised Earnings Guidance
Chesapeake Shares Rise Following CEO Announcement
Analyst Moves: RRC, PCLN, LOW
Analyst Moves: ABT, ACN, EFX, JCP
Analyst Moves: AMAT, ARUN, DE
Monday Sector Leaders: Metals & Mining, Precious Metals
Monday Sector Laggards: Consumer Services, Agriculture & Farm Products
Friday Sector Leaders: Education & Training Services, Auto Parts
Monday's ETF with Unusual Volume: DTN
Monday's ETF Movers: PBW, IFNA
GDX, SBM: Big ETF Outflows
Daily Dividend Report: UMPQ, SJT, CRT, AVIV, SPAN
Daily Dividend Report: HAL, NOV, ESV, WLK, CSC
Daily Dividend Report: AET, DV, RWT, BGS, WMB
Initial Jobless Claims Jump by 32k
Jobless Claims Fall to Five Year Low
Hiring Picture Improves In April
Weekly Market Wrap: May 17, 2013
Weekly Market Wrap: May 10, 2013
Weekly Market Wrap: May 3, 2013
Week Ahead Market Report: May 13, 2013
Week Ahead Market Report: May 6, 2013
Week Ahead Market Report: April 29, 2013