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Oct 26, 2020
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Dunkin (DNKN, $88.79) could go private in $9 billion deal

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.

 

Related Ticker: DNKN

Contributor

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


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a provider of cold coffee and baked goods, as well as hard serve ice cream

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