Starbucks Corp. has closed its $620 million deal for Atlanta-based Teavana, the firm that earlier bought the Canadian tea shop chain Teaopia. Both Starbucks and Teaopia names are represented on South Bayview. Teavana posted a recent third quarter $1 million loss from Teaopia and $200,000 in other one-time expenses. There’s little surprise that Teavana stocks took fire and were up more than 50% on the news in November that Starbucks was taking over. Previous post
