Earlier this year, groups working for Palestinian rights globally celebrated following the announcement that shares of SodaStream, whose main production factory is located in an illegal Israeli settlement in the occupied West Bank fell by 25%.
But today, SodaStream shares are up by 14%, following a report that the company may be a buyout target of coffee giant Starbucks.
An Israeli news site, said SodaStream is discussing selling a 10% stake to Starbucks. Starbucks spokeswoman Lisa Passe says the company doesn’t comment on rumors or speculation. However, the leaked report alone was enough to lift Soda shares from $5.66 to $46.09 in trading volume nearly triple daily average.
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Email Contact Information for CEO Howard Schultz: Howard.Schultz@starbucks.com & firstname.lastname@example.org
Telephone Number to Use to Talk to Howard Schultz:
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Starbucks Coffee Company
2401 Utah Avenue South
Seattle, WA 98134-1436