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Focus Brands and Jamba Juice Announce Definitive Merger Agreement

ATLANTA & FRISCO, Texas--(BUSINESS WIRE)--Focus Brands Inc. (“FBI”) and Jamba, Inc. (Nasdaq:JMBA) (”Jamba”) today announced that the companies have entered into a definitive merger agreement under which FBI will acquire Jamba for $13.00 per share in cash, in a transaction valued at approximately $200 million.