March 17, 2005

Australians to the Rescue

As reported in the Miami Herald, an Australian investment company has purchased 6.5 percent of Krispy Kreme stock. Combined with the investment of a Tennessee investment company that recently increased its Krispy Kreme holdings, the boost in share purchases is said to be designed to ease Krispy Kreme's financial straits.

Posted by franchiselawblog at March 17, 2005 04:48 PM