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Related FR thread from 2010:

Obama's Caribou Coffee Coverup

From SEC filing - March 2010:

Excerpt:

Risks Related to Our Structure

Arcapita has substantial control over us, and could limit other shareholders’ ability to influence the outcome of matters requiring shareholder approval and may support corporate actions that conflict with other shareholders’ interests.

Our largest shareholder is an affiliate of Arcapita Bank B.S.C. (c), a global investment group founded in 1997 with offices in Atlanta, London and Bahrain. We refer to Arcapita Bank B.S.C. (c) and its affiliates collectively as either Arcapita or our majority shareholder in the Form 10-K.

Arcapita beneficially owns 11,672,245 shares, or approximately 58.9%, of the outstanding shares of our common stock as of January 3, 2010.

Arcapita’s ownership of shares of our common stock could have the effect of delaying or preventing a change of control of us, could discourage a potential acquirer from obtaining control of us, even if the acquisition or merger would be in the best interest of our shareholders, or could otherwise affect our business because of our compliance with Shari’ah principles as described below.

This could have an adverse effect on the market price for shares of our common stock. Arcapita is also able to control the election of directors to our board. Two of the eight members of our board of directors are representatives of Arcapita.

Our compliance with Shari’ah principles may make it difficult for us to obtain financing and may limit the products we sell.

1 posted on 08/18/2012 11:27:06 AM PDT by STARWISE
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To: onyx; penelopesire; maggief; hoosiermama; SE Mom; Liz; rodguy911; Fred Nerks; Red Steel; ...

..BUMP!!


2 posted on 08/18/2012 11:29:48 AM PDT by STARWISE (The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker down)
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To: STARWISE
Thank goodness the marxists currently in charge are so laughably inept.

The next marxist regime will not be so stupid, should we be stupid enough to elect one.

3 posted on 08/18/2012 11:34:31 AM PDT by skeeter
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To: STARWISE

I really liked Caribou Coffee, much better than Starbucks.
Then somel years ago I found this out........

Arcapita was Caribou Coffee’s majority shareholder. In 2002, Yusuf al-Qaradawi’s involvement[6] with the bank led to a protest of Caribou Coffee. That same year al-Qaradawi stepped down as chairman of the bank’s Sharia board.[7]...
In 2011, Arcapita sold their shares of Caribou Coffee. As of September 30, 2011, no one entity owns more than 8% of Caribou’s outstanding shares.[8]...

Sounds like the Muslim connection has been broken .


5 posted on 08/18/2012 11:41:51 AM PDT by Vinnie (A)
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To: STARWISE

I’ve had Caribou Coffee only once. It tasted like it had been through a caribou and I never went there again.


7 posted on 08/18/2012 11:44:17 AM PDT by virgil
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To: STARWISE
I'm not sure what "I will roll Pelosi" means.

I'm pretty sure that I don't want to know.

8 posted on 08/18/2012 12:27:46 PM PDT by Izzy Dunne (Hello, I'm a TAGLINE virus. Please help me spread by copying me into YOUR tag line.)
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To: STARWISE

BUMP for great freeping.


10 posted on 08/18/2012 12:45:29 PM PDT by Lancey Howard
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To: STARWISE; Cindy

shariah ping...oldie but goodie


13 posted on 09/07/2012 7:11:24 AM PDT by piasa (Attitude adjustments offered here free of charge)
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