Panera Bread Co. (3.2%)(PNRA–$314.64–NASDAQ)(NASDAQ:PNRA) company that operates over 2,000 locations in 46 states. JAB for $315 cash per share, representing $7.5 billion approval and a shareholder vote and is expected to close is a St. Louis, Missouri based restaurant services On April 5, 2017, PNRA agreed to be acquired by in enterprise value. The deal requires regulatory during the third quarter of this year.
From Mario Gabelli (Trades, Portfolio)'s second quarter 2017 Gabelli ABC Fund commentary.
