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Report: Panera Bread confidentially files for IPO

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St. Louis-based restaurant chain Panera Bread has confidentially filed to go public, people familiar with the matter told CNBC.

Panera announced a CEO transition in May and said leadership changes were "in preparation for its eventual IPO."

Panera was last publicly traded in 2017 before it was purchased by JAB Holding.

Read more from CNBC.

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