Chain M&A Updates: Luby’s Sells Its Two Main Assets, JDE/Peet’s Buys Australia’s Campos Coffee

Luby’s owners wind down the business and JDE expands its global coffee empire:   –The owners of Luby’s Inc. have made deals to sell two of the company’s remaining three major assets. The Houston-based restaurant company, founded in 1947, has been trying to find a way to wind down the business, as consumer trends and…