Politics
A Starbucks (SBUX)-Chipotle (CMG) tie-up might be crazy enough to work, reports Semafor; However, "People close to the company tell Semafor that Chipotle hasn’t received a takeover bid, and we’re loath to peddle in deal rumors."
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The item reports recurring speculation about a Starbucks–Chipotle tie-up while stating that people close to Chipotle told Semafor it had received no takeover bid.
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But one theory that keeps coming up is notable, either because it highlights the dearth of good ideas out there or because it’s so out of left-field it just might bear entertaining: A Starbucks-Chipotle tie-up.
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