CAVA Announces Completion of Zoës Kitchen Acquisition
The combined company will have more than 8,000 team members across 24 states
CAVA Group Inc., a privately held and fast growing Mediterranean culinary brand, today announced that it has completed its acquisition of Zoe's Kitchen, Inc., (NYSE: ZOES) and that Thursday, November 22nd will be the first day of operations for the combined company.
Zoës Kitchen shareholders received $12.75 per share in an all-cash transaction valued at approximately $300 million, as was originally announced on August 16, 2018. The acquisition will bring Zoës Kitchen into the private market...
To Read Full Story Login Below.
Submit comment or question
Note: All comments are displayed with user's screen name. If screen name is not present, user's full name will be used. Please go to My Account to update your screen name.
Comment Policy: Urner Barry has made the comment feature available to encourage further discussion of our news stories. Defamatory or offensive comments, or comments deemed not relevant to the story will be removed, and if necessary, Urner Barry may restrict the right of individual subscribers to offer comments. In all cases, comments represent opinions of the poster only, and do not represent fact, news, opinions or estimates put forward by Urner Barry.
Email Address is required.
Password is required.