Wed, 13 Nov 2013 06:42:05 GMT
Starbucks to settle $2.76 billion costs for dispute with former partner
Starbucks Corp., the biggest coffee-shop chain in the world, will cover $2.76 billion of costs to terminate the contract of with Mondelez International Inc., the intermediate to sale Starbucks' products. The payment consists of $527 million as attorneys' fees and interest, and $2.23 billion as damages. Yesterday, Starbucks Corp. lost 0.46% to $80.61 per share during the trading session in