Resolution criteria

This market resolves YES if Target Corporation completes a full acquisition of Starbucks Corporation by December 31, 2032. Resolution requires Target to own 100% of Starbucks as a wholly-owned subsidiary or fully integrated division. Partial acquisitions, minority stakes, or continued licensing arrangements do not qualify. Resolution will be verified through SEC filings, official press releases from both companies, or major financial news sources (Bloomberg, Reuters, CNBC).

Background

Target and Starbucks have partnered since 1999, with more than 1,700 Starbucks inside Target stores across the US. Target licenses the Starbucks brand and operates its own coffee kiosks as part of a strategic alliance between the brands. The vast majority of Target's 2,000 locations include a Starbucks. Drive Up with Starbucks is now available in Target's more than 1,700 stores with both a Starbucks Café and Drive Up service.

Considerations

An acquisition of this scale would represent a significant departure from both companies' current business models. Starbucks is a publicly traded company with a market capitalization exceeding $100 billion, making any acquisition extraordinarily expensive. Target has historically pursued small, strategic acquisitions focused on logistics and technology rather than major brand acquisitions. The existing licensing partnership has proven mutually beneficial for both companies, reducing incentive for a full acquisition.

This description was generated by AI.