(Adds company response, updates share move)
April 3 (Reuters) - Panera Bread Co is considering strategic options, including a sale, after receiving takeover interest, Bloomberg reported on Monday.
The bakery cafe operator’s shares rose as much as 11.7 percent to a record high of $292.42 in midday trading. The company had a market value of about $6 billion as of March 31.
The company is working with advisers to study the options, Bloomberg reported, citing people familiar with the matter. bloom.bg/2oBLnnV
A Panera spokesman said the company does not comment on rumors or speculation. (Reporting by Subrat Patnaik in Bengaluru; Editing by Sai Sachin Ravikumar)