Cafe Operator Says PE Firms Double-Crossed It In Takeover

By Braden Campbell (September 28, 2016, 4:00 PM EDT) -- The New York City-area franchisee of The Coffee Bean and Tea Leaf filed suit Tuesday in California state court against a group of private equity investors that had pledged to fund its planned acquisition of the cafe chain, accusing them of conspiring with the chain to cut the franchisee out of the deal....

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