Coffee Republic Refutes Buyout Claims

September 20, 2006 by Mark | 0 Comments

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Coffee and deli bar operator Coffee Republic today strongly refuted claims that it is suppressing good news in order to stage a management buyout.

Despite repeated denials by the company, speculation has continued that management plans a management buyout of the company. Let me make this as clear as I can: there was no management buyout plan and there is no management buyout plan, said chairman Bobby Hashemi.

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