Waterbury, Vt. Green Mountain Coffee Roasters announced that Pebbles Acquisition Sub extended its previously announced $35.00 per share cash tender offer to purchase all outstanding shares of common stock of Diedrich Coffee. Pebbles Acquisition is a wholly owned subsidiary of GMCR.
In accordance with the terms of the merger agreement among GMCR, Purchaser and Diedrich Coffee, the tender offer has been extended 20 business days (the maximum number of days permitted under the merger agreement) to expire at midnight, April 5, unless further extended.
The tender offer previously was scheduled to expire at midnight on March 8. All other terms and conditions of the tender offer remain unchanged.