Second Cup holdout persists, despite new bid

Article Abstract:

Toronto, Ont.-based Second Cup Ltd. is resisting a takeover attempt by rival Toronto, Ont.-based Cara Operations Ltd. Second Cup, which is seeking a higher share price than the $7.50 per share offered by Cara, is led by chairman Michael Bregman, who controls a 24% stake in the company.

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Timothy's brewing up an empire

Article Abstract:

Toronto, Ont.-based Timothy's Coffees of the World Inc., which is the world's third-largest coffee chain company, is opening twenty new stores every year. Timothy's Coffees has acquired Grabbajabba's chain of 56 specialty coffee stores for $1.35 million.

Geographic, Marketing, Timothy's Coffees of the World Inc., Grabbajabba

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Second Cup finds rival bidder

Article Abstract:

Second Cup Ltd. has found a rival bidder, whom it won't name, as an alternative to Cara Operations Ltd. One financial analyst thinks that Toronto's Bitove family is the logical buyer for 100% of the shares.

Drinking places, Drinking Places (Alcoholic Beverages), Bars, saloons, etc., Bars (Drinking establishments)

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