Empresas y finanzas

Starbucks says to buy Teavana for $620 million



    (Reuters) - Starbucks Corp plans to acquire Teavana Holdings Inc for $620 million in cash, Starbucks said on Wednesday.

    Shares of Teavana, which sells tea, rose 28 percent to $12.97 in afternoon trade on the New York Stock Exchange before being halted.

    News of a deal was first reported by the Atlanta Business Chronicle.

    STARBUCKS (SBUX.NQ)said it will pay $15.50 for each Teavana share.

    Starbucks shares fell 1.6 percent to $49.51 on the Nasdaq.

    (Reporting By Martinne Geller in New York; editing by John Wallace)