JAB Beech

Krispy Kreme Shares Soar on Sweet Takeover Offer

NEW YORK (AP) — Krispy Kreme shareholders got caffeine boost after coffee giant JAB Beech said Monday it is acquiring the doughnut chain. The Luxembourg-based investment firm, which owns Keurig Green Mountain, Peet’s Coffee & Tea and Caribou Coffee, said it is taking the North Carolina doughnut company private in a deal worth about $1.35 billion. Krispy Kreme’s stock soared…