Jamba Acquisition

Jamba Juice Co., a San Francisco–based maker of healthy blended beverages, has agreed to be acquired for around $265 million by blank-check acquisition company Services Acquisition Corp. International (AMEX: SVI). Upon completion of the merger, Services Acquisition Corp. will change its name to Jamba Inc. Jamba Juice shareholders include Technology Venture Investors, Benchmark Capital, GRP Partners, Invesco Private Capital, Oak Investment Partners, Trinity Ventures and Phillips-Smith Specialty Retail Group.

This could have far reaching effects in the NYC venture capital community...