Atlanta and Frisco, Texas — Focus Brands Inc. (FBI) and Jamba, Inc. have entered into a definitive merger agreement under which FBI will acquire Jamba for approximately $200 million.
Atlanta — Teavana Holdings, Inc. plans to acquire the assets of Teaopia Ltd., a leading specialty tea retailer in Canada, for $26.9 million in cash. Teaopia currently has 46 stores in Canada.