Panera acquires majority stake in Boston bakery

Posted online February 15, 2016 | 12:42 pm

St. Louis-based Panera Bread Co. announced it acquired a 50.1 percent stake in a Boston-based baker with five cafes.

Tatte Bakery & Cafe is known for Middle Eastern breakfast and lunch items. It still will serve as an independent company but will receive support from Panera.

Terms of the deal were undisclosed.

Read more from the St. Louis Business Journal.

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