REPORT: Panera is looking to sell itself and its stock is soaring

Advertisement

Panera vs Au Bon Pain 24

Hollis Johnson

The cafe and bakery chain Panera Bread Co. has received takeover interest and is considering selling itself, Bloomberg's Ed Hammond reports.

Advertisement

The stock jumped more than 7% on the news.

More to come...

NOW WATCH: These are the watches worn by some of the most powerful men in finance