According to NYDailyNews.com and FoxBusiness.com, Crumbs Bake Shop is going public in a $66 million deal. The 57th Street General Acquisition Corp will acquire Crumbs Bake Shop next month and could be trading on NASDAQ as soon as March.
Right now Crumbs Bake Shop has 34 stores in 6 states and plans to expand to 200 locations by 2014. Sounds like Crumbs is taking over the cupcake world. I don't mind because they are one of my favorite cupcake shops, as seen on my Top 10 List.