Why Starbucks Decided Now is Tea Time, With the Purchase of Atlanta-based Teavana
On Wednesday, November 14th, Starbucks, the Seattle-based coffee giant, announced it will buy Atlanta-based tea retailer Teavana, in a $620 million cash deal. Atlanta Business Chronicle reporter Urvaksh Karkaria broke the story. He talked about the deal, and what it means for Atlanta, in a conversation with WABE’s Denis O’Hayer.