Farmer Brothers

Coffee supplier and distributor Farmer Brothers is to acquire all assets of Boyd Coffee Company, a provider of coffee, tea and other beverages, accord to a report in Food Business The purchase consists of up to $42 million in cash and 21,000 shares of a new series of preferred stock, making an estimated total price of $58.6 million. The acquisition is expected to be completed in 12 to 18 months. Founded …