Peet's Coffee To Purchase Portland, Oregon Coffee Company Stumptown Coffee Roasters

PORTLAND, OREGON - OCTOBER 6: A bicycle commuter rides past a Stumptown Coffee location on SE Division Street on October 6, 2015 in Portland, Oregon. Stumptown's owner and founder Duane Sorenson has confirmed that the company will be acquired by Peet's Coffee & Tea, according to published reports. Stumptown, which reportedly will operate independently after the aqcquisition, operates 10 stores in Portland, Seattle, New York and Los Angeles. (Photo by Craig Mitchelldyer/Getty Images)
PORTLAND, OREGON - OCTOBER 6: A bicycle commuter rides past a Stumptown Coffee location on SE Division Street on October 6, 2015 in Portland, Oregon. Stumptown's owner and founder Duane Sorenson has confirmed that the company will be acquired by Peet's Coffee & Tea, according to published reports. Stumptown, which reportedly will operate independently after the aqcquisition, operates 10 stores in Portland, Seattle, New York and Los Angeles. (Photo by Craig Mitchelldyer/Getty Images)
Peet's Coffee To Purchase Portland, Oregon Coffee Company Stumptown Coffee Roasters
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Credit:
Craig Mitchelldyer / Stringer
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Getty Images News
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06 October, 2015
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