While Coke, McDonald's, Nestle and the rest of America's food giants capture nearly 90 cents out of every dollar spent on food & beverages their consolidation is beginning to erode, at least a little bit. And amid this shifting landscape paying huge prices for little companies continues unabated. In this episode of Cornucopia Point of View we look at Nestle's $425 million dollar purchase of a 68% share of San Francisco based Blue Bottle Coffee and wonder when investors and analysts alike are finally going wake up, smell the espresso to realize that the emperor is both naked and stupid too.
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