Starbucks and Unilever Strike a $384 Million Deal

Some people are willing to pay a fancy price for their favorite cup of tea. Global consumer-goods conglomerate Unilever (NYSE: UL) is taking that to an extreme: Last week it agreed to plonk down $384 million to acquire Starbucks(NASDAQ: SBUX) Tazo tea brand.

This is one of those happy business deals that should be beneficial for both buyer and seller, in my opinion. Here's why.

Image source: Tazo.

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Source: Fool.com