Dunkin (DNKN, $88.79) could go private in $9 billion deal
Dunkin’ Brands could soon be run by private equity.
The doughnut company held preliminary discussions to be acquired by private equity-backed restaurant company Inspire Brands, according to a Dunkin’ statement on Sunday. That's looking at a potential $9 billion sale to Inspire. (The deal would take Dunkin’ Brands private at a price of $106.50 a share, said the New York Times which first reported the development).
However, there is no certainty that any agreement will be reached, and neither party will comment further unless and until a transaction is reached according to company spokeswoman, Karen Raskopf.
Dunkin' website ,mentions that the company owns around 21,000 "points of distribution" in more than 60 countries - that includes 12,900 Dunkin' restaurant franchises and 8,000 Baskin-Robbins stores.
General Information
a provider of cold coffee and baked goods, as well as hard serve ice cream
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