Pret A Manger to Be Acquired by Owner of Panera - NBC New York
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Pret A Manger to Be Acquired by Owner of Panera

JAB Holding Co. owns Panera and has controlling stakes in Krispy Kreme Doughnuts, Keurig Green Mountain and more

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    Pret A Manger to Be Acquired by Owner of Panera
    Jack Taylor/Getty Images, File
    In this Feb. 16, 2017, file photo, people walk by a Pret A Manger in London. The British Sandwich shop chain is being taken over by German controlled investment group JAB Holding Company in a deal worth more that 1.5 billion pounds sterling.

    The restaurant chain Pret A Manger is being acquired by the European investment firm that bought Panera Bread last year.

    JAB Holding Co., based in Luxembourg, did not disclose the financial terms of its deal with the current owner, the private equity firm Bridgepoint. The sale is expected to close this summer.

    Pret has 530 locations, known largely for sandwiches and salads. Its biggest presence is the United Kingdom, where it is based, but it also runs restaurants overseas, including in the U.S.

    JAB bought Panera last year for more than $7 billion. JAB also has controlling stakes in Krispy Kreme Doughnuts, Keurig Green Mountain, Peet's Coffee & Tea, and Caribou Coffee Co.

    Clerk Pulls Out Machete on Would-Be Robber

    [NATL] Clerk Pulls Out Machete on Would-Be Robber

    A would-be robber armed with a knife had a surprise in store when an Alabama store clerk pulled out a machete in defense. The two's brief knife fight was caught on camera before the clerk runs out to damage the robber's car.

    According to police, suspect Seth Holcomb walked up to the counter to make a purchase. He leaves the store and then comes back in as if to make a second purchase. Then, he pulled out a knife at the counter. What he didn't expect was that the clerk would pull out a machete of his own.

    (Published Wednesday, March 20, 2019)