Daniel Binns, Global CEO of Elmwood Brand Consultancy, discusses reports of a potential Starbucks (SBUX) and Chipotle (CMG) deal and why the combination could create back-office efficiencies and accelerate Chipotle’s global expansion. He says the timing could be a distraction as both companies work through turnarounds, while Chipotle faces traffic challenges and potential takeover interest. Binns also explains why restaurant M&A works best through economies of scale while keeping brands distinct, and says Chipotle needs to refocus on quality, value and the fundamentals that built its brand.