Starbucks is ‘not buying Chipotle’ after report it had explored a deal

Starbucks said Monday that it would not be moving to buy Chipotle Mexican Grill, after a report last week said the coffeehouse chain had evaluated the prospect.
“As a matter of policy, we don’t comment on rumors and speculation, but we want to be clear we are not buying Chipotle,” a Starbucks spokesperson told NBC News in an email.
“Our team is laser focused on executing our Back to Starbucks strategy,” they said, while adding that the company looked forward to sharing its latest financial results later in October.
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