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Why a Starbucks takeover of Chipotle would — and wouldn't — make sense for both companies
Starbucks has reportedly been working with advisers on a takeover proposal for Chipotle, but a potential deal comes with pros and cons for investors.
A move by Starbucks to buy the fast-casual Mexican chain would combine two of the most recognizable restaurant brands.
Starbucks on Thursday declined to comment on a report that it had explored a takeover of Chipotle Mexican Grill, saying it was "laser focused" on its turnaround under CEO Brian Niccol.
The Starbucks holiday merchandise goes on sale on Nov. 5 and includes four different themes. The company announced a new line of cups, mugs and small souvenirs earlier this week that will hit stores along with the holiday menu.
Starbucks said it was focused on its turnaround plan, after a report said that the coffee house chain explored a merger with Chipotle.
Starbucks sued over false claims of nutritional value.
Four seasonal drinks return Nov. 5 alongside new tiramisu beverages, an apple-pomegranate refresher and fresh holiday food and merch.
Starbucks is redesigning stores with cozier seating and local touches as part of its plan to bring back the coffeehouse feel.