Thread regarding JAB Holding Company S.à r.l. layoffs

Panera Bread terminates SPAC deal with Danny Meyer’s investment group

  • Danny Meyer’s SPAC and Panera Bread have called off their investment deal, citing market conditions.
  • In November, Panera announced it was preparing to go public again and had secured an investment from USHG Acquisition, Meyer’s special purpose acquisition company.
  • The merger had to be completed by Thursday, otherwise either party was free to end the deal.

| 737 views | | 1 reply (July 2, 2022)
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