Starbucks To Acquire Coffee Connection
Undated (AP) _ Starbucks Coffee Co. announced Tuesday it will acquire The Coffee Connection Inc., an East Coast chain of coffee store cafes, for an undisclosed amount of Starbucks common stock.
The Coffee Connection operates 22 stores in Massachusetts, Connecticut and New Jersey, and licenses two kiosks at Boston’s Logan Airport.
Seattle-based Starbucks has 300 coffee store cafes located in the Pacific Northwest, California, Chicago, Denver and Washington. It plans to open at least 78 additional stores this year.