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Zoe's Kitchen Inc. (ZOES) Is Up Sharply After Bought By Cava Group

Zoe's Kitchen Inc. (ZOES) announced Friday morning that it has agreed to be acquired by Cava Group Inc. for $12.75 per share in cash.

Zoe's Kitchen has gapped open sharply higher Friday morning and is now up 3.18 at $12.74 on above average volume. The stock has jumped to nearly a 3-month high.

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