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Jamba, Inc. Posts Update on Refranchising Initiative

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EMERYVILLE, Calif.--(BUSINESS WIRE)--Jamba, Inc. (NASDAQ:JMBA) a leading health and wellness brand and leading retailer of freshly-squeezed juice today posted an update of its ongoing efforts to transition to an asset-light model. With the closing of a multi-market deal announced yesterday, Jamba has completed a significant portion of its ongoing refranchising initiative. Jamba announced the refranchising initiative at the end of 2014, with a stated goal of refranchising “up to 114” stores duri

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