UPDATE 1-JAB Holdings in advanced sale talks to buy Panera Bread -source
April 04, 2017 at 19:22 PM EDT
April 4 (Reuters) - JAB Holdings, the owner of Caribou Coffee and Peet's Coffee & Tea, is in advanced talks to acquire Bakery chain Panera Bread Co as it expands its coffee and breakfast empire, a source familiar with the situation said on Tuesday.