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Legal News

: The AM Law Daily

One Last Sip from the Coffee Cup

By Zach Lowe

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Peet's may have lost its bid to takeover Diedrich Coffee but it didn't come away empty-handed. Under the terms of its original deal with Peet's, Diedrich had to pay Peet's an $8.5 million breakup fee because of an unusual clause in the contract. 

Full post as published by The AM Law Daily on December 09, 2009 (boomark / email).

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