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Starbucks (SBUX) has explored a potential takeover of Chipotle (CMG), FT reports; sources say talks may not lead to a transaction given the complexity of combining the two consumer giants
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A breaking-news item reported Starbucks explored a potential Chipotle takeover, but unnamed sources cited complexity and said talks might not result in a transaction. Earlier Semafor reporting said Chipotle had not received a bid.
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