Teavana Shares Rise On Teaopia Deal

Teavana (NYSE:TEA) shares are up 3% on news that the company agreed to acquire the assets of Teaopia in a cash deal valued at $26.9 million.The company doesn’t expect an impact on earnings in FY 2012, excluding the transaction and integration expenses and accretive by $0.03 – $0.04 in FY 2013.

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