00:00Starbucks might be trying to buy Chipotle.
00:02That would be the biggest restaurant acquisition in history.
00:06The Financial Times reported on Thursday
00:07that Starbucks has spent months
00:09working with financial advisors
00:10on a potential takeover of Chipotle.
00:13And there is a connection.
00:14Starbucks' CEO, Brian Nickel,
00:16used to be the CEO of Chipotle.
00:18But when asked about it,
00:19Starbucks said they are laser focused on their own turnaround.
00:22Kind of avoiding the question.
00:23Chipotle's stock is down more than 20% from last year.
00:27And Nickel is a turnaround guy.
00:29He rebuilt Chipotle after their food safety crisis.
00:31And in 2024, Starbucks brought him on
00:34to bring people back into the stores.
00:36So if the rumors are true, that's the appeal.
00:39Buy the thing you already know how to fix.
00:41Analysts told Reuters that this would be an expensive distraction,
00:43but Semaphore says it could actually work.
00:45But the thing here is might.
00:48Reuters, Axios, and NBC all covered this,
00:51but they don't confirm it themselves.
00:52They all point back to the same Financial Times article.
00:55Axios says it's not even clear an offer exists.
00:58But what do you think?
01:00Is this a smart move?
01:01Should Starbucks be buying Chipotle?
01:03Drop your take in the comments and follow us here for more.
01:05All right.
01:05I wonder where the way to go before we go before.
