(Bloomberg) — Dunkin’ Brands Group, Inc., parent company of coffee-and-donuts chain Dunkin’ and Baskin-Robbins, said it’s in talks to be acquired by private equity-backed Inspire Brands.The New York Times reported the talks earlier, saying Inspire will take Dunkin’ private at $106.50 a share, citing two people with knowledge of the negotiations who weren’t identified. The deal — valued at $8.8 billion — could be announced as soon as Monday, the newspaper added. The price is a 20% premium over Friday’s closing price, when the company had a market capitalization of $7.3 billion.“Dunkin’ Brands confirms that it has held preliminary discussions …read more
Source:: Yahoo Finance
