Green Mountain Coffee Roasters, Inc.'s (NASDAQ: GMCR) wholly owned subsidiary Pebbles Acquisition Sub, Inc. (Purchaser) has extended its cash tender offer of $35.00 per share to purchase all outstanding shares of common stock belonging to Diedrich Coffee, Inc. (NASDAQ: DDRX). In accordance with the terms of the merger agreement among GMCR, Purchaser and Diedrich Coffee, the tender offer was extended 20 business days to expire at midnight (EST), on March 8, 2010. The tender offer was previously scheduled to expire at midnight (EST), on February 5, 2010.
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As a leader in the specialty coffee industry, Green Mountain Coffee Roasters, Inc. is recognized for its award-winning coffees, innovative brewing technology, and socially responsible business practices. GMCR’s operations are managed through two business units. The Specialty Coffee business unit produces coffee, tea and hot cocoa from its family of brands, including Tully’s Coffee®, Green Mountain Coffee®, Newman’s Own® Organics coffee and Timothy’s World Coffee®.
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