The upscale grocer is stepping up the pace of store openings.
After rejecting 2 high-stakes bids, the company reportedly decides to pursue its own future by breaking itself up.
A KKR-led private-equity group will pay cash for the food processor.
The food company declined a buyout offer from KKR, the New York Post says, causing its shares to rise as much as 13%.
| Tags: | foodandbeverageTheStreet |
Sales of Multigrain Cheerios, Fiber One and Cinnamon Toast Crunch boost sales.
Shares of the nation's largest supermarket chain rise on the news.
Shares of the fast-food chain soar after 3G Capital says it will buy the company for $24 a share.
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