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A Chobani IPO is Looming, and Here is Why it has to Happen

Brian Sozzi
6/19/14 1:53 PM EDT
In a recent interview with Chobani’s Chief Marketing Officert Peter McGuinness, TheStreet's Brian Sozzi chatted on a range of topics, from new product flavors to a potential IPO. The topic of a Chobani IPO really caught Sozzi's attention. A company doesn’t just IPO for the sake of doing so, it has to have a need to raise funds to support its business vision. The needs for Chobani? Well, they would surprise you. For example, Chobani is preparing to open a good number of unique yogurt bars. Moreover, the company has international aspirations, and will require localized manufacturing that won't be cheap to build. Sozzi shares all of the details.
Stock quotes in this video: SBUX, PNRA, CMG

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