Starbucks Explores Chipotle Deal as Restaurant Consolidation Talk Intensifies
Starbucks has explored a possible takeover of Chipotle Mexican Grill, according to multiple reports, in a move that would mark one of the most consequential restaurant-sector combinations in years. The discussions come as Starbucks works through a turnaround under new chief executive Brian Niccol, while investors weigh whether a large acquisition would sharpen or distract from that effort.
