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Panera Bread to Return to Public Trading through a SPAC

11/15/2021

Panera will once more be publicly traded through as Special Purchase Acquisition Company (SPAC).  In 2017 Panera Bread was purchased by JAB Holdings and taken private in a $7.5 billion transaction.  JAB is owned by the Reimann Family, based in Germany. The Company follows a pattern of buying restaurants and coffee chains followed by re-listing after restructuring and improvements.